Royal & Sun Alliance is planning to break itself up, according to The Business newspaper.
The newspaper did not name the source, but said the company's break-up would be part of far-reaching plans to revive profitability.
The report said the restructuring - to be revealed on
7 November - would underline the board's new strategy of asset sales.
Royal & SunAlliance's change of direction is likely to surprise the City. Investors initially believed that a £750m rights issue would be the main outcome of its internal review.
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.
