RSA facing pain from recent spate of UK flooding and Italian earthquakes, according to analysts
RSA is in line for a 35% fall in operating profits following the UK floods and two Italian earthquakes.
The wet weather this summer will cost RSA £40m net of reinsurance, and the earthquakes around £35m, leading to a 96% combined ratio, says analyst firm Investec.
RSA will also have to cope with a 15% fall in investment income as a result of lower bond yields and volatility in the markets.
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.
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.
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