RSA sees decrease in net UK premiums
Provider’s COR stable at 99.5%.
RSA has reported a 15% drop in net written premiums in the UK for 2014 to £2.57bn from £3.04bn the previous year.
Despite the reduction the underwriting result remained consistent at £15m, increasing from £13m in 2013.
However while personal lines achieved a £49m underwriting profit, commercial lines posted a £34m loss.
The overall profit from the UK division was £147m, a 4% rise on the £141m from 2013.
Fall
The majority of the fall in premiums came in commercial lines where they dropped to £1
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