RSA Insurance Group plc

British insurance group RSA is backing a 7.2 billion pound ($9.55 billion) cash offer from Canada's Intact Financial and Denmark's Tryg in one of Europe's biggest financial takeover bids this year.

RSA is back at the altar. Five years after being jilted when Zurich Insurance decided to withdraw its marriage proposal, the UK insurer has received a 7.1 billion pound offer from Canada’s Intact Financial and Denmark’s Tryg. This latest one looks more promising.

RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up deal that values the British firm at about 7.2 billion pounds ($9.46 billion).

RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up deal that values the British firm at about 7.2 billion pounds ($9.46 billion).

RSA <RSA.L> is in talks with a consortium of Canadian insurer Intact Financial <IFC.TO> and Danish insurer Tryg <TRYG.CO> about a possible offer for the company, the British insurer said on Thursday.

Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing 11th-hour hopes that a Supreme Court appeal could be avoided.

* ASSOCIATION OF BRITISH INSURERS SAYS JUDGMENT ON BUSINESS INTERRUPTION TEST CASE DIVIDES EVENLY BETWEEN INSURERS AND POLICYHOLDERS ON THE MAIN ISSUES Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

* HISCOX ACTION GROUP HAILS LONDON HIGH COURT JUDGMENT ON COVID-19 BUSINESS INTERRUPTION INSURANCE TEST CASE AS A "LANDMARK VICTORY"

* RSA INS GRP - STATEMENT REGARDING FCA BUSINESS INTERRUPTION

Lloyd's of London, Hiscox and RSA are among donors to a new British 100 million pound ($121.19 million) insurance and long-term savings COVID-19 support fund, the Association of British Insurers (ABI) said on Monday.

Shares in RSA <RSA.L> leapt on Thursday as the British insurer estimated its exposure to the coronavirus pandemic at just 25 million pounds ($31 million) and said most of its business interruption policies did not offer cover.

* SUSPENSION OF FINAL 2019 DIVIDEND PAYMENT ON ORDINARY SHARES

* SAYS REVIEWING EIOPA LETTER ON DIVIDENDS, ENGAGING WITH UK REGULATORS TO DETERMINE RIGHT APPROACH FOR RSA Further company coverage: (Reporting By Carolyn Cohn)

* Coronavirus Is Not A Major Concern For British Insurer Rsa - CEO

RSA underwriting profit rose strongly for the year to date but net written premiums were flat after the British insurer cut poorly performing parts of its business, it said on Thursday, sending its shares higher.

RSA's net written premiums were flat for the year to date but underwriting profit rose strongly the insurer said on Thursday, after it cut back on under-performing business.

* Car crash compensation changes to cost 14-15 million pounds

British insurer RSA posted on Thursday a 1% increase in its operating profit in the first half of the year driven by strong performance in its general insurance business.

Milder weather in Britain and Ireland helped RSA's operating profit in the first quarter, the insurer said on Thursday, driving its shares higher.