Resolution Plc is buying back £100m worth of shares in Resolution Life Group from Royal and SunAlliance.
The share buyback is scheduled to be completed by 31 March.
The deal incorporates a dividend payment of £13.125m and a cash payment of £86.875m.
Additionally, Resolution has agreed to cancel the mis-selling liability and non-tax warranties given by R&SA to Resolution at the time of the sale.
R&SA indicated the payment will add £8m to its first-quarter results.
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.
