RSA reported flat net written premiums at £4,864m. As expected, the UK & International segment recorded a scheduled decline in net premiums, and the Scandinavian and Canadian segments recorded growth. The insurer announced an improvement in 9M operating profit and in the combined ratio. The Solvency II coverage ratio was 169% by the end of September. Investors are focusing on the execution of the exit plan from the London market and RSA confirmed that it is on the right track.
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Promising figures
- Published:
07 Nov 2019 -
Author:
Bassem Neifer -
Pages:
2
RSA reported flat net written premiums at £4,864m. As expected, the UK & International segment recorded a scheduled decline in net premiums, and the Scandinavian and Canadian segments recorded growth. The insurer announced an improvement in 9M operating profit and in the combined ratio. The Solvency II coverage ratio was 169% by the end of September. Investors are focusing on the execution of the exit plan from the London market and RSA confirmed that it is on the right track.