“Job losses” for RSA, claims report
RSA also expected to report more losses when results are published this week.
RSA has declined to comment on reports that its latest set of results will show millions of pounds of losses and that job cuts are set to be made in its UK operations.
According to the Daily Express the insurer's latest set of results, due out on Thursday, will show losses or write-downs on the value of its assets.
Cuts
The report claimed that chief executive, Stephen Hester, is set to impose "relatively severe" cuts in RSA's UK operations, including the motor insurance section of its More Than
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