Moody's RSA upgrade reflects significant progress
Moody's Investors Service has upgraded the European ratings of Royal & SunAlliance Group (Baa2 Insur...
Moody's Investors Service has upgraded the European ratings of Royal & SunAlliance Group (Baa2 Insurance Financial Strength Ratings at RSA Insurance and Scandinavian subsidiaries) to Baa1 from Baa2.
Moody's said the upgrade reflected the significant progress made in restructuring and repositioning the business, and in improving the underlying operating performance of the group's core operations. Moody's said that, in addition to the improving operating profitability, RSA had significantly
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