RSA confident of re-entering FTSE 100 index
Insurer Royal & Sun Alliance (RSA) has said it is confident that itwill bounce back into the FTSE 100 after it became one of four firms to bemoved out of the share index last month in a quarterly review.
The move came following the insurer's announcement of its 2002 results,which saw a bottom-line loss of \#940m after a \#653m goodwill writedown anda \#551m investment loss before tax.
RSA also said it had made a \#1.2bn goodwill and investment writedown inUK. The insurer posted an operating profit
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 [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Commercial
Most read
- Michael Gove slams "neither fair nor decent" high premiums for leaseholders
- Aviva enters exclusive discussions to buy Azur’s HNW operation
- RSA re-jigs leadership team to bring customer operations and claims together
- Blog: Nine ways to reduce risk in tech firm contracts
- FCA speeds up permission removal process
- Aviva halfway to regional underwriter recruitment target
- Aviva grows UK GWP by 4% in Q1