Zurich has until August 25 to make a bid
RSA chief executive Stephen Hester has told Zurich to ‘put up or shut up’ as the Swiss insurer circles for a potential bid.
Hester said: “They have put themselves in a ‘put up or shut up’ situation… the ball is now in their court.”
Under UK rules Zurich has until August 25 to make a bid.
Zurich has drafted in Morgan Stanley to help plot the bid. A deal for 525p-a-share cash is possible - lower than the 600p mooted by analysts but above the RSA share price of 510p.
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.
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