![Insurance Age](https://www.insuranceage.co.uk/sites/default/files/styles/print_logo/public/2021-11/print-logo.png?itok=F0kVQKky)
Admiral completes RSA direct home and pet insurance deal
![Deal Deal](/sites/default/files/styles/landscape_750_463/public/2017-08/deal-tags.jpg.webp?h=f88f5b7a&itok=M3Uj4BuY)
Admiral Group has completed the purchase of RSA direct home and pet insurance renewal rights for £82.5m.
There is a further potential payment of up to £32.5m dependent on the number of policies successfully migrated to Admiral.
The acquisition was announced on 7 December 2023.
RSA sells home and pet books to Admiral and confirms UK PL withdrawal
The transaction included the renewal rights for the “More Than” brand and the transfer of 300 people. It does not include liabilities relating to existing policies which will remain with RSA.
Policies will start renewing from Q3 2024.
StrategyMilena Mondini de
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk