RSA posted a 3% increase (as reported) in net written premiums to £1,568m. After the difficulties of 2018, the insurer decided to exit unprofitable portfolios and to re-price the risky business. This was reflected in the UK & International figures, with a decline in premiums by 5% but an improvement in the weather ratio. The Solvency II coverage ratio stood at 164%, within the targeted range. Q1 19 achievements are globally positive and no significant changes are expected in our mod
09 May 2019
Recovery signs for the UK business
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Recovery signs for the UK business
- Published:
09 May 2019 -
Author:
Bassem Neifer -
Pages:
3
RSA posted a 3% increase (as reported) in net written premiums to £1,568m. After the difficulties of 2018, the insurer decided to exit unprofitable portfolios and to re-price the risky business. This was reflected in the UK & International figures, with a decline in premiums by 5% but an improvement in the weather ratio. The Solvency II coverage ratio stood at 164%, within the targeted range. Q1 19 achievements are globally positive and no significant changes are expected in our mod