Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
Steve Lewis, UK chief executive officer of RSA, has stated that the provider’s focus for 2018 is to “see the UK bounce back” after it reported an underwriting loss of £116m in 2017.
“The UK result was not the one we were anticipating, but it reflects the business that we’re in,” Lewis stated, adding: “I’m comfortable with the portfolio makeup we have and I’m also confident we have the required underwriting and technical disciplines in place.”
However, he noted there would be “no complacency”
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