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BRIEF-RSA Insurance expects net claims of up to C$75 mln from Alberta floods
July 3, 2013 / 10:47 AM / 4 years ago

BRIEF-RSA Insurance expects net claims of up to C$75 mln from Alberta floods

LONDON, July 3 (Reuters) - RSA Insurance Group PLC : * In June, a significant portion of southern Alberta, Canada, experienced

extreme flooding * Expects gross claims to be above reinsurance retentions of C$75M (£48M)

leading to net claims of a maximum of C$75M (£48M). * Expects to achieve a combined operating ratio for the full year 2013 of

better than 95%. * Source text for Eikon:

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