RSA endures UK commercial pain as COR worsens

Simon Lee

Overall, RSA's total UK underwriting profit dropped 37% to £39m (2011: £62m) while its total UK COR crept up to 98.2% (2011: 97.3%). 

Specifically, the performance of RSA's liability and motor lines all significantly worsened as both recorded substantial losses of £21m and £44m respectively.

Its liability COR leapt from 99.7% to 107.1% while its motor COR rose to 106.8% (2011: 105.9%). RSA's marine performance also worsened as its COR jumped to 96.2% (2011: 91.1%).

However, the insurer's UK

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