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Royal Sun & Alliances releases three month results

Royal Sun & Alliance (RSA) released its three month results, showing a UK underwriting profit of £35...

Royal Sun & Alliance (RSA) released its three month results, showing a UK underwriting profit of £35m for the first quarter of 2006. This is up 6% on the previous year, despite net written premiums falling from £605m (2005 Q1: £653m). RSA also reported that its personal lines business improved from a combined operating ratio of 98.8% in 2005 to 94.4% in 2006. Commercial lines net premium dropped to £398m (2005 Q1: £444m), while in personal lines it remained stable at £207m (2005 Q1: £209m). The

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MBP takes minority stake in £32m GWP broker

Insurance investment vehicle Minority Broker Partnerships has acquired a minority stake in Caleb Roberts Insurance Services, an independent agricultural and rural insurance broker operating across Mid Wales, Herefordshire and Shropshire.

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