RSA reports "disappointing" 2018
RSA UK has posted an underwriting loss of £106m in 2018, along with a combined operating ratio of 104% (2017: 104.3%).
This follows its shock warning last year that it had suffered a loss of £70m in the third quarter of 2018.
In addition, net written premiums decreased slightly for the UK business to £2.59bn in 2018 from £2.69bn in the preceding year, which the provider noted was due to exiting parts of its portfolio in its London Market international business.
The UK & International division
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