Mixed figures were posted by RSA for Q1 16. Written premiums in Scandinavia were down 5% to £581m (down 7% at constant FX). The same trend was observed in Canada where premiums were down 2% at reported FX to £209m (but up 2% at constant FX). UK & Ireland premiums reached £635m, +2% yoy. The Q1 16 was marked by the disposals of RSA’s businesses in Brazil, Colombia and Russia, while Chile and Argentina also closed in April. The two remaining Latin American disposals
05 May 2016
Uninformative Q1 16 figures
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Uninformative Q1 16 figures
- Published:
05 May 2016 -
Author:
Bassem Neifer -
Pages:
2
Mixed figures were posted by RSA for Q1 16. Written premiums in Scandinavia were down 5% to £581m (down 7% at constant FX). The same trend was observed in Canada where premiums were down 2% at reported FX to £209m (but up 2% at constant FX). UK & Ireland premiums reached £635m, +2% yoy. The Q1 16 was marked by the disposals of RSA’s businesses in Brazil, Colombia and Russia, while Chile and Argentina also closed in April. The two remaining Latin American disposals