After returning to profit in 2014, RSA recorded a second year of positive earnings at £244m, but this was lower than our expectations. The company decided to propose a final dividend of 7p/share and intends to increase its 2018 cost-cutting target to more than £350m. Written premiums in Scandinavia were down 8.6% to £1,606m. The same trend was observed in Canada, where premiums were down 9.9% to £1,360m as reported after the underwriting actions the insurer has taken t
25 Feb 2016
A possible Brexit casts a shadow on 2015 improvements
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A possible Brexit casts a shadow on 2015 improvements
- Published:
25 Feb 2016 -
Author:
Bassem Neifer -
Pages:
2
After returning to profit in 2014, RSA recorded a second year of positive earnings at £244m, but this was lower than our expectations. The company decided to propose a final dividend of 7p/share and intends to increase its 2018 cost-cutting target to more than £350m. Written premiums in Scandinavia were down 8.6% to £1,606m. The same trend was observed in Canada, where premiums were down 9.9% to £1,360m as reported after the underwriting actions the insurer has taken t