Royal & SunAlliance has received a timely boost with the news that its Australian operations have been valued 20% higher than previously thought.

Royal & SunAlliance (R&SA) has received a timely boost with the news that its Australian operations have been valued higher than previously thought.

Broker Merrill Lynch has revealed its valuation of the unit at £746m - 20% higher then past estimates.

The news provides a much-needed boost to R&SA. The insurer has failed to find a trade buyer for the operations, despite having it up for sale for over a year.

Merrill Lynch said the trade was viewed, "as more palatable from a vendor's perspective. It would be difficult for an initial public offering in current market conditions to garner a full price for the assets."

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.

Topics