Analysis

Brokers react to consortium’s ‘strong bid for an iconic brand’ in potential RSA purchase

By 2020-11-10T12:38:00

money, shares

UK brokers believe RSA’s potential new owners should build on the insurer’s firm legacy foundations, while others in the industry say external ownership could prove positive

On 5 November, news broke that insurer RSA is considering a £7.2bn consortium bid for the business from Canadian insurer Intact Financial Group and Danish insurer Tryg.

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