The record underlying earnings were pulled up by Scandinavian performances (58.7% of the underlying profit). The UK business disappointed, affected by a 102% combined ratio after the US/Caribbean hurricanes and Mexican earthquakes. The main objective for 2018 is to improve this division’s results. The success achieved in the expense savings programme allowed RSA to increase its targets, for a fourth time, to over £450m by 2019. The proposed final dividend is 13p/share, bringing to
23 Feb 2018
Record underlying earnings
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Record underlying earnings
- Published:
23 Feb 2018 -
Author:
Bassem Neifer -
Pages:
3
The record underlying earnings were pulled up by Scandinavian performances (58.7% of the underlying profit). The UK business disappointed, affected by a 102% combined ratio after the US/Caribbean hurricanes and Mexican earthquakes. The main objective for 2018 is to improve this division’s results. The success achieved in the expense savings programme allowed RSA to increase its targets, for a fourth time, to over £450m by 2019. The proposed final dividend is 13p/share, bringing to