RSA’s Egan issues cautious welcome to H1 results
The CEO for UK & International is awaiting full year numbers ahead of any celebration as UK COR improves to 94%.
RSA has reported an improved performance for the first half of 2019.
Results published today (1 August) showed that group underwriting performance improved to £181m (excluding exits) compared to £171m in the first six months of 2018.
Group total underwriting profit for H1 2019 was reported as £153m.
COR also improved slightly at 94.3% (H1 2018: 94.7%). As a group, the business appears to be recovering from last year’s shock profit warning.
Fixed?
Focusing on the UK & International operation
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