GWP less treaty: £5.1bn


Leadenhall Court, 1 Leadenhall Street, London EC3V 1PP

t: 020 7283 9000

Year established: 1710

Number of UK branches: 21 major locations in the UK

Number of UK employees (2003): 12,823

Main lines of business: Commercial, writing all major classes of commercial insurance. Personal intermediated, a provider of personal insurance through brokers, affinity partnerships and corporate partners.

More Th>n, R&SA's direct personal business offering a broad range ofpersonal finance products and services

UK subsidiaries (as at 31.12.02):

Royal Insurance Holdings plc (holding company); Royal & SunAlliance Insurance plc (general insurance); British Aviation Insurance Company Ltd (57.1%) (general insurance); FirstAssist Group Ltd (insurance services); The Globe Insurance Company Ltd (general insurance); Legal Protection Group Holdings Ltd (holding company); The London Assurance (general insurance); The Marine Insurance Company Ltd (general insurance); Phoenix Assurance plc (composite insurance); Royal International Insurance Holdings Ltd (general insurance); Royal & SunAlliance Reinsurance Ltd (general insurance); Royal & SunAlliance Life & Pensions Ltd (life insurance); Royal & SunAlliance Linked Insurances Ltd (life insurance); Sequence (UK) Limited (estate agencies); SunAlliance and London Insurance plc (general insurance); SunAlliance and London Assurance Company Ltd (life insurance); Royal & SunAlliance Life Holdings Ltd (holding company); Sun Insurance Office Ltd (general insurance).

Company history:

The Sun was established in 1710 and is the oldest insurance company in existence still trading under its original name. The Alliance was founded in 1824 and the Royal in 1845.

The group's UK operation has constantly evolved since the early incorporation of The Westminster Fire Office (est. in 1717), the London (est. 1720) and the Phoenix (est. 1782). The Group's international presence began to emerge in the 18th Century with business ventures in mainland Europe.

Royal & SunAlliance, as we know it today, was created in 1996 with the merger of two of Britain's largest insurance companies, Royal Insurance and Sun Alliance. Since the merger the group has significantly changed shape. For example, during 2003 it implemented a programme of disposals that has included the IPO of its Australian and New Zealand operations, the sale of its UK healthcare and assistance business, the sale of RSUI in the US, and a deal with Travelers Indemnity Corp of the US for the renewal rights on its standard personal lines and the majority of its commerical lines business in the US. R&SA has also this year completed the sale of its UK life business.

Chief officers: Duncan Boyle, UK chief executive Andy Haste, group chief executive

Biography: Duncan Boyle has been with the group since 1974. Boyle was managing director of the Australian operation before returning to the UK in late 1999 to become chief executive of the commercial business. He became UK chief executive in April 2002.

He sits on the ABI general insurance committee and is a board member of GISC.