End of an era as Zurich poised to take over RSA

rsa-3

Brokers give a mixed reaction to Zurich’s bid to buy RSA as deadline extended

Zurich’s bid to buy RSA went into extra time last month after the initial 25 August deadline came and went without the parties reaching agreement on all matters. 

RSA, with the consent of the Takeover Panel, agreed an extension to give both insurers a chance to iron out their differences before the new cuto  point of 22 September.

No firm offer yet

While the providers stressed in a London Stock Exchange announcement that the development did not indicate a firm offer will be made, the signs

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: