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Key Developments: RSA Insurance Group PLC (RSA.L)

RSA.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

RSA Insurance Group PLC proposes final dividend
Thursday, 25 Feb 2016 02:00am EST 

RSA Insurance Group PLC:Proposes final dividend of 7.0p per ordinary share.Dividend payment date is May 13, 2016.  Full Article

RSA Insurance Group plc announces sale of operations in Russia
Wednesday, 9 Dec 2015 02:00am EST 

RSA Insurance Group plc:Says that it has signed contracts, subject to regulatory approvals, to sell its entire shareholding (c.75%) of Joint Stock Company "Intouch Insurance" (`RSA Russia`) to Joint Stock Insurance Company BLAGOSOSTOYANIE for about £5m payable in cash.  Full Article

Zurich Insurance Group terminates discussions with RSA Insurance Group PLC regarding possible offer
Monday, 21 Sep 2015 02:00am EDT 

RSA Insurance Group PLC:Says that board of RSA notes trading update and the Rule 2.8 announcement published by Zurich Insurance Group (Zurich).Says that as a result of recent deterioration in the trading performance of Zurich's General Insurance business, Zurich has terminated discussions with RSA regarding a possible offer.Says that Zurich has confirmed to RSA that the due diligence findings were in line with their expectations and, while the process had not been finally concluded, they had not found anything that would have prevented them from proceeding the transaction on terms announced on Aug. 25.  Full Article

RSA Insurance Group PLC announces sale of operations in Latin America
Tuesday, 8 Sep 2015 02:00am EDT 

RSA Insurance Group PLC:Says that it has signed contracts, to regulatory approvals, to sell its operations in Latin America to Suramericana S.A., the insurance subsidiary of Grupo de Inversiones Suramericana for about GBP403 mln payable in cash.  Full Article

RSA Insurance Group PLC announces update regarding possible offer
Tuesday, 25 Aug 2015 02:00am EDT 

RSA Insurance Group PLC:Says that it has received a revised proposal from Zurich Insurance Group regarding a possible all cash offer for the company at 550 pence per ordinary RSA share (possible offer).Says that in addition, under terms of the proposal, RSA ordinary shareholders retain the right to receive 3.5 pence interim dividend announced by RSA on Aug. 6.Says possible offer is conditional on, amongst other things, due diligence and recommendation of the board.  Full Article

RSA Insurance Group PLC declares interim dividend
Thursday, 6 Aug 2015 02:00am EDT 

RSA Insurance Group PLC:Says that it is declaring interim dividend of 3.5p per ordinary share.  Full Article

RSA Insurance Group PLC says has not received proposal from Zurich Insurance
Tuesday, 28 Jul 2015 07:46am EDT 

RSA Insurance Group PLC:Looks forward to updating market on trading performance and strategic progress at interim results announcement on August 6, 2015.Has not held talks with or received proposal from Zurich and shareholders are advised to take no action.Notes announcement by Zurich Insurance Group that it is evaluating potential offer for RSA.  Full Article

RSA Insurance Group PLC directorate change
Tuesday, 7 Jul 2015 02:00am EDT 

RSA Insurance Group PLC:Appoints Scott Egan as an Executive Director and Group Chief Financial Officer of the Company.  Full Article

RSA Insurance Group plc announces completion of sale of operations in Hong Kong and Singapore
Wednesday, 1 Apr 2015 02:30am EDT 

RSA Insurance Group plc:Announces the completion of the sale of the insurance business of each of its branches in Singapore (RSA Singapore) and Hong Kong (RSA Hong Kong) to Allied World Assurance Company, Ltd (Allied World).  Full Article

RSA Insurance Group plc announces directorate change
Thursday, 26 Feb 2015 02:05am EST 

RSA Insurance Group plc:Says Richard Houghton, Group Chief Financial Officer, will stand down from board of directors with effect from May 7.Says he will continue in his executive role but will leave group later this year once a successor is recruited.  Full Article

BRIEF-Goodrich Petroleum says restructuring support agreement terminated

* Restructuring support agreement was terminated automatically as assumption order approving RSA was not entered by bankruptcy court