Swiss insurer has yet to make a firm offer for its UK-based rival

Money pounds cash Pensions Insight

Zurich’s offer for rival insurer RSA, if any is made, is likely to be solely in cash, Zurich said this morning.

Yesterday, the Swiss insurance group revealed that it was evaluating a possible offer to buy RSA, although no offer had yet been made.

RSA later confirmed that it has not held any talks or received any proposals from Zurich about an offer.

Zurich’s intention to offer cash for RSA, if any offer is made, means the Swiss insurer will not have to disclose details about its securities under the City Code on Takeovers and Mergers.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.