Royal & SunAlliance (R&SA) has rejected four bids for its majority-owned Scandinavian subsidiary Codan Forsikring AS, according to a report.
The report in Berlingske Tidende, said the prices offered for the business were deemed to be too low.
The four bids were from If, Norway's Gjensidige, Germany's Talanx and Nordic Equity, it added.
Codan's life and pension operations, Codan Liv & Pension, were sold to SEB AB in June of this year.
R&SA owns 71.7% of the Scandinavian company.
R&SA declined to comment on the reports.
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.
