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RSA reveals rising profits for H1 2017

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COR improved to 93.2% for the six months ended 30 June 2017.

RSA has posted a 15% increase in group operating profit to £360m for the half year ended 30 June 2017, according to its financial results.

This is compared to the £312m it achieved in the first half of 2016.

In addition, its group underwriting profit was up 28% to £222m (H1 2016: £174m) and its combined operating ratio improved to 93.2% for the first six months of 2017 (H1 2016: 94.7%).

RSA further reported a pre-tax profit of £263m for the first half of 2017, compared to £148m in the same

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