AM Best confirms RSA's 'A' rating

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The ratings company said the confirmation reflected RSA’s consistently profitable operating performance and excellent business profile in its core markets.

The insurer’s underwriting performance was singled out as it managed to turn a profit despite large losses in New Zealand, Japan, Canada, Denmark, Ireland and Thailand.

In addition, the performance of the company’s UK business was highlighted with RSA managing to increase net written premiums by 6%, driven by strong rate increases in personal

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