Royal & Sun Alliance (R&SA) has announced that it is to strengthen...
Royal & Sun Alliance (RSA) has announced that it is to strengthen its US reserve by £160m in the fourth quarter.
R&SA said the move was consistent with the rationale for setting up the contingent liability at the time of the rights issue.
The majority of this strengthening (£95m) is in connection with workers' compensation, it said.
Standard & Poor's said today its ratings and outlook on the company would be unaffected by the announcement.
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.
