Bad weather brings mixed news for RSA
Royal & SunAlliance, the UK's fourth largest insurer, yesterday doubled its estimates of the losses i...
Royal & SunAlliance, the UK's fourth largest insurer, yesterday doubled its estimates of the losses incurred by the recent floods and storms to £200m.The increased estimate will appear in the group's full-year estimates for 2000, due to be published on 1 March. The company had predicted losses of £80m-£100m in November.
However, RSA still anticipates full year operating profits of about £500m. It has increased premiums in most of its markets, and those affected by the floods can expect their
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.
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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop