RSA Group
Editor's letter - September 2015
Emmanuel Kenning looks at the burning issues this month
Bye bye RSA?
Takeover of RSA will leave just one major British-owned insurer
Broking Break: Your Top Five on Friday
It’s been a busy week in broking but which stories hit the top spot for our readers this week?
Egan to leave Towergate on 14 September
Move confirmed as Ross legal case settled with Gallagher.
Direct Line tops FOS complaints table for general insurance
Axa and Ageas complete top three at Financial Ombudsman Service.
Zurich proposes 550p per share offer for RSA as deadline extended
Potential deal values insurer at £5.6bn.
Zurich seeks “more time” on RSA deal
Reports say talks progressed over the weekend but suggest that Zurich will ask for extra time as bid deadline looms.
Zurich's RSA bid "in jeopardy" claims FT
Zurich have appointed Evercore Partners to help with bid as reports suggest the two insurers are "far apart" on price.
Broking Break: Your Top Five on Friday
It’s been a busy week in broking – but what were the five most popular stories? This is your chance to catch up.
Will the RSA brand survive?
Experts question whether RSA brand will continue if a deal with Zurich is successful.
Brokers sympathetic to RSA's exit decision
Market acknowledges tough conditions in the personal broker private motor market.
Insurers "remain committed" to motor broker market
LV, Ageas, Aviva and Allianz confirm they see opportunities in the market despite RSA's exit.
RSA exits broker personal lines motor market
Decision affects £65m of gross written premium.
Lewis: RSA needs to improve in personal lines motor
Steve Lewis thanked brokers for support following best results in almost a decade but did not address sale speculation.
RSA UK performance in “respectable territory”
Positive movement for the UK as COR improves to 94.4% as RSA pledges to maintain discipline.
Hester: RSA can remove "dunce’s cap”
Hester hails “best results in a decade” for first half of 2015 as profits increase and COR improves.
RSA to hold out for 600p offer from Zurich, reports say
Analysts estimate insurer's value at 550p per share.
Zurich would pay cash for RSA
Insurer says if an offer is made it will likely be “solely in cash”.
Industry worries about further insurer consolidation
Seventeen Group MD Paul Anscombe says RSA takeover will not be the last.
RSA says no talks held with Zurich
Provider responds to Zurich’s confirmation that it is considering a takeover approach.
Brokers predict RSA "bidding war"
Brokers expect other insurers to enter race to buy RSA.
RSA deal could open up Zurich to more brokers
Brokers divided over how the possible takeover would affect the market.
Zurich RSA takeover hailed “good fit”
Deal not expected to have negative impact on broker market in the UK as Axa, Allianz and AIG named as other potential bidders.
Zurich considering RSA takeover
RSA currently valued at nearly £4.5bn on the stock exchange.