After a disappointing 2018, RSA recovered in 2019. The underlying pre-tax profit increased by 14.8% to £565m and the group’s operating result was £597m, up 15.4% yoy. The restructured UK & International business performed well with operating earnings of £220m. The combined ratio was 93.6%. The Solvency II coverage ratio stood at 168%, above the targeted range of 130-160%. The insurer announced a final dividend 15.6p/share, bringing the total dividend to 23.1p, up 1
28 Feb 2020
Sharply improved business
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Sharply improved business
- Published:
28 Feb 2020 -
Author:
Bassem Neifer -
Pages:
3
After a disappointing 2018, RSA recovered in 2019. The underlying pre-tax profit increased by 14.8% to £565m and the group’s operating result was £597m, up 15.4% yoy. The restructured UK & International business performed well with operating earnings of £220m. The combined ratio was 93.6%. The Solvency II coverage ratio stood at 168%, above the targeted range of 130-160%. The insurer announced a final dividend 15.6p/share, bringing the total dividend to 23.1p, up 1