Shares fell by 5% at one point
RSA’s share price took a hammering this morning as it reported a disappointing result for 2018, mainly down to huge losses in the London market.
At market open the share price slumped by 5% to 503p, down from 526p at the previous day’s close. But by mid-morning the share price recovered a little.
The London Market Speciality and Wholesale business had 2018 premium income of £265m but underwriting losses of £109m.
This pushed UK and international into another poor year, in which its chief executive Steve Lewis departed, with a combined ratio of 104% (2017: 104.3%).
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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