Intact secures billions in funding as RSA sale talks forge ahead

money

Intact Financial Corporation, the Canadian provider in sale talks with RSA, has secured funding ahead of the potential transaction.

It was revealed last week that Intact and Danish insurer Tryg had approached RSA about a possible offer.

If the deal goes ahead, Intact will buy RSA’s Canadian and UK & International operations, while Tryg will retain its Sweden and Norway business. The two providers would also co-own RSA’s Denmark operations.

Agreements
Yesterday (12 November) Intact said it has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: