RSA hiked UK personal motor rates 10% as management look to stem the problems coming from that area of the business.

The hikes in 2018, which come at a time of a declining UK rates, meant RSA UK personal motor arm premium was down 16%.

Net premiums fell to £254m from £303m last year. 

As reported in Insurance Times, RSA has issues in its UK personal motor arm and is expected to be deep in underwriting loss territory.

RSA is not the only player having issues, as esure revealed its solvency had dropped from 155% to 110% amid soft market conditions.