Brokers hope "inevitable" RSA sale will inject new life into the "sleeping monolith"
Some brokers expect potential deal to re-energise RSA, while others criticise the provider's "poor performance" and predict an uncertain future for its UK operations.
Brokers have stated that they hope a sale can “breathe new life” into RSA after it was revealed that a consortium of two providers were looking at a potential deal last week.
The transaction would see Canadian provider Intact Financial Corporation retain RSA’s Canada and UK & International operations, while Danish insurer Tryg would retain RSA’s Sweden and Norway operations. The two providers would also co-own RSA’s business in Denmark.
Stuart Reid, chairman of Partners&, stated that this was
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