RSA’s slump is the biggest of the FTSE 100 this morning after its shares closed at 99.70p yesterday

RSA’s share price has dropped 18 pence to 81.60p this morning.

Its share price was 99.70p when the London stock exchange closed yesterday.

The sharp fall comes in the wake of the insurer’s third profit warning and the resignation of group chief executive Simon Lee.

Following a review of its Irish business the insurer has found that bodily injury reserves need to be strengthened by £130m, which is in addition to the £70m announced last month.

RSA’s slump is currently the biggest of the FTSE 100 this morning.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.