RSA rethinks corporate business
Royal & SunAlliance is pushing through tough rate increases and introducing a new underwriting approa...
Royal & SunAlliance is pushing through tough rate increases and introducing a new underwriting approach in order to improve the loss ratio on its corporate and multinational business.For companies with turnovers in excess of £100m, RSA's Risk Managed division is looking to impose rate increases of at least 35%; in some cases insureds will see hikes of over 100%. In conjunction with this get tough pricing strategy, RSA is introducing what it has dubbed as a "consultative approach to
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