Insurance Age

Royal & Sun Alliance reports improvement

Royal & Sun Alliance reported that its UK combined ratios had improved in both personal and commercial lines to 98.4% (2003: 103.7%) and 93.5% (2003: 95.8%) respectively. Overall, the group reported a profit of £433m (2003: £83m) with the UK underwriting profit £106m (2003: £21m).Speaking about the UK result, Andy Haste, group ceo, said: "The commercial result was again excellent with the combined ratio reflecting the continued focus on achieving technical price while improving our risk sele