Brokers question RSA's future after losses

Paths to the past and future

Brokers have questioned the future for RSA after the insurer posted a £70m underwriting loss for Q3 2018 and said it would take action on pricing and portfolio reshaping.

One broker who declined be named described the provider as a “ship that hasn’t got its sails up and is not quite sure where to go”.

In a conference call with analysts on 28 September, RSA group chief executive officer Stephen Hester stated that the provider’s UK and London market business is a “substantial headache” and noted

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: