Household performance boosts RSA
Insurer Royal & SunAlliance delivered an 84.9% combined operating ratio for the first three months o...
Insurer Royal & SunAlliance delivered an 84.9% combined operating ratio for the first three months of the year in its household lines.
This helped boost personal lines underwriting profit by £8m to £10m over the same period last year. The COR improved in personal lines to 94.4%, an improvement over 98.8% in the first quarter of 2005.
Overall, its underwriting profit climbed 6% to £35m in the first quarter of 2006.
Net written premium fell to £605m compared to £653m in the same period last year
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