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 10...
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 of
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