RSA improves underwriting profit by 33% for 2020 H1

Stephen Hester (large)

The insurer added within its H1 trading results that although ‘business interruption coverages are not expected to be eligible for Covid-19 claims, there are a number of areas where claims are being paid’

Insurer RSA has improved its group underwriting profit by 33%, reporting a figure of £240m – excluding UK and London Market exit portfolios – within its 2020 H1 financial results, published on 30 July.

The total group underwriting profit amounts to £207m, compared to 2019’s £153m result.

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