RSA takeover to be completed in May
The provider has also released its Q1 results, revealing a combined operating ratio of 86%.
RSA has announced that the takeover bid from Canadian provider Intact and Danish insurer Tryg has received all required regulatory approvals and should complete at the end of May.
This follows a formal offer made last November and the approval of RSA shareholders in January.
Earlier this year, Intact confirmed that Scott Egan will remain CEO of RSA’s UK and international business after the deal is completed.
Egan commented on the upcoming takeover: “I’m confident that we have the right
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 info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Q&A: PremFina bosses Bishop and Aylott
PremFina’s leaders reveal if the premium finance provider has delivered on its promise to be profitable this year, and explain the thinking behind the string of inward investments, current broker relationships and plans for the future. Emmanuel Kenning poses the questions.
Allianz moves to help brokers with cross-border construction risks
More UK-headquartered businesses are taking on construction projects across borders, according to Allianz Commercial as it refreshes its proposition for brokers and clients.
Bridgehaven signs capacity deal with Mission MGA
Hybrid insurer Bridgehaven Specialty UK has announced a strategic partnership with Amulet Real Estate, the newly established managing general agent, to underwrite a portfolio of specialist commercial property and liability insurance.
Zurich’s Beazley takeover set for 1 October with regulatory approvals in place
Zurich’s £8.1bn Beazley buy has cleared all the necessary regulatory hurdles and is set to complete on 1 October, the pair have confirmed.
Aviva to invest in brokers as part of financing rollout
Aviva Group is launching financial backing packages for brokers, including providing firepower to buy competitors in a move that mirrors a similar offering by Intact, Insurance Age can reveal.
Zurich UK names new commercial lead as Streidl takes global role
Zurich has named Anita Gabat as head of commercial business in the UK, stepping up from her current role as head of property.
People Moves: 7 – 11 September 2026
Stay in the loop with the latest insurance personnel moves.
Aviva promotes Thomson to Scotland and NI lead
Aviva has appointed Amanda Thomson as branch manager for Scotland and Northern Ireland.