RSA released a third year of positive earnings, but at just £20m, below our expectations. Written premiums in Scandinavia were up 7.1% to £1,721m. The same trend was observed in Canada, where premiums were up 6.1% to £1,443m as reported. UK premiums reached £2,588m, -0.6% yoy. Ireland’s premiums were up 17.2% to £306m. The investment result stood at £298m, with investment income of £369m partly offset by investment expenses of £12m and the
24 Feb 2017
A cost killer
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A cost killer
- Published:
24 Feb 2017 -
Author:
Bassem Neifer -
Pages:
3
RSA released a third year of positive earnings, but at just £20m, below our expectations. Written premiums in Scandinavia were up 7.1% to £1,721m. The same trend was observed in Canada, where premiums were up 6.1% to £1,443m as reported. UK premiums reached £2,588m, -0.6% yoy. Ireland’s premiums were up 17.2% to £306m. The investment result stood at £298m, with investment income of £369m partly offset by investment expenses of £12m and the