RSA set to raise its 1% Mexico market share through bank
RSA has broken into Mexico through a 10-year bancassurance deal with Mexican banking group Ixe Grupo Financiero, Dow Jones reports
"With this [agreement] Ixe strengthens its operations in the area of bancassurance," the bank said in a filing with the Mexican Stock Exchange.
Ixe has 158 bank branches and provides banking services mainly to wealthy individuals and small businesses. Its shareholders include local investors and JP Morgan Chase with a 28% stake.
Royal & SunAlliance Seguors Mexico had less than a 1% market share with MXN1.52bn in premiums last year.
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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.
