Insurer is expecting proceeds of between £80m and £90m, according to the Sunday Times
RSA is planning to sell its Russian and Middle East units as it looks to bolster finances following the collapse of Zurich’s £5.6bn takeover of the insurer last week.
Citing “sources”, the Sunday Times said the insurer expects to generate between £80m and £90m from the sale.
RSA has sold a number of its international units as chief executive Stephen Hester has tried to get the business back on track.
It most recently sold its Latin American operations for £403m to Grupo de Inversiones Suramericana.
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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