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RSA Insurance Group plc

RSA.L

Latest Trade

676.80GBp

Change

-0.20(-0.03%)

Volume

2,367,234

Today's Range

676.40

 - 

679.20

52 Week Range

321.20

 - 

736.84

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Intact Financial Corp Says Canadian Competition Bureau Approved Co's Cash Offer For RSA Insurance

Jan 18 (Reuters) - Intact Financial Corp <IFC.TO>::INTACT FINANCIAL CP. - UPDATE RE RECOMMENDED CASH OFFER FOR RSA INSURANCE.INTACT FINANCIAL CORP - RESULTS OF RSA COURT MEETING AND RSA GENERAL MEETING AND RECEIPT OF APPROVAL FROM CANADIAN COMPETITION BUREAU.

RSA Insurance Says Do Not Expect Net Loss Estimates For Policies Before Court To Change Materially From Previously Reported

Jan 15 (Reuters) - RSA Insurance Group PLC <RSA.L>::RSA INS GRP - STATEMENT REGARDING SUPREME COURT'S JUDGMENT.RSA INSURANCE - WE ARE CONTINUING TO EVALUATE COURT JUDGMENT,.RSA INSURANCE - DO NOT CURRENTLY EXPECT NET LOSS ESTIMATES IN RELATION TO POLICIES BEFORE COURT TO CHANGE MATERIALLY FROM THOSE PREVIOUSLY REPORTED.RSA INSURANCE - REINSURANCE PROTECTION IS EXPECTED TO APPLY..

Intact Financial Updates On Cash Offer For RSA Insurance

Dec 3 (Reuters) - Intact Financial Corp <IFC.TO>::INTACT FINANCIAL CP. - UPDATE RE RECOMMENDED CASH OFFER FOR RSA INSURANCE.INTACT FINANCIAL CORP - COMPLETION OF BOUGHT DEAL PRIVATE PLACEMENT AND RECEIPT OF TSX APPROVAL FOR CORNERSTONE PRIVATE PLACEMENT.INTACT FINANCIAL CORP - PROCEEDS FROM BOUGHT DEAL PRIVATE PLACEMENT, LESS 50% OF UNDERWRITERS' FEE WILL BE HELD IN ESCROW.INTACT FINANCIAL CORP - NET PROCEEDS ARE INTENDED TO BE USED BY INTACT TO FUND A PORTION OF CASH CONSIDERATION FOR ACQUISITION.INTACT FINANCIAL CORP - NET PROCEEDS ARE INTENDED TO BE USED BY INTACT TO FUND A PORTION OF CASH CONSIDERATION FOR RSA ACQUISITION.

Tryg CEO says 10-15% of combined jobs in Sweden, Norway to be lost from takeover of RSA

Nov 18 (Reuters) - Tryg A/S <TRYG.CO>::TRYG CEO MORTEN HÜBBE SAYS ~10-15% OF COMBINED JOBS IN SWEDEN AND NORWAY LIKELY TO BE LOST OVER FOUR YEARS FROM TAKEOVER OF RSA.TRYG CEO MORTEN HÜBBE SAYS ~MANY JOB LOSSES FROM TAKEOVER OF RSA WILL BE ABSORBED BY NATURAL ANNUAL EMPLOYEE TURNOVER OF 8-12%.Further company coverage: TRYG.CO. (Reporting By Carolyn Cohn). ((carolyn.cohn@thomsonreuters.com;)).

Intact Financial CEO-job losses in RSA UK, Canada takeover capped at 2%

Nov 18 (Reuters) - Intact Financial <IFC.TO>::INTACT FINANCIAL CEO CHARLES BRINDAMOUR SAYS ~JOB LOSSES IN INTACT'S TAKEOVER OF RSA'S UK, CANADA OPERATIONS CAPPED AT 2% OF COMBINED WORKFORCE.INTACT FINANCIAL CEO CHARLES BRINDAMOUR SAYS ~ENTERING UK INSURANCE MARKET WITH RSA TAKEOVER, LOOKING TO INVEST AND BUILD ON RSA PLATFORM.Further company coverage: RSA.L. (Reporting By Carolyn Cohn). ((carolyn.cohn@thomsonreuters.com;)).

RSA CEO Hester to step down following takeover

Nov 18 (Reuters) - RSA Insurance Group PLC <RSA.L>::RSA CHIEF EXECUTIVE STEPHEN HESTER SAYS WILL LEAVE COMPANY FOLLOWING COMPLETION OF TAKEOVER OFFER.RSA CEO HESTER EXPECTS SMALL NUMBER OF JOB LOSSES AT UK HEADQUARTERS DUE TO TAKEOVER DEAL.RSA CEO HESTER SAYS EXPECTS "MODEST" JOB LOSSES IN CANADA, SCANDINAVIA DUE TO TAKEOVER.Further company coverage: RSA.L. (Reporting By Carolyn Cohn). ((carolyn.cohn@thomsonreuters.com;)).

RSA Insurance Says Proposal Represents An Approx. 7.2 Bln Stg Transaction With Intact Paying 3.0 Bln Stg And Tryg Paying 4.2 Bln Stg

Nov 5 (Reuters) - Rsa Insurance <RSA.L>::REG-RSA INSURANCE GROUP PLC (“RSA”) FURTHER STATEMENT REGARDING PROPOSAL.PROPOSAL REPRESENTS AN APPROXIMATELY £7.2 BILLION TRANSACTION WITH INTACT PAYING £3.0 BILLION AND TRYG PAYING £4.2 BILLION.TRYG WOULD RETAIN RSA’S SWEDEN AND NORWAY OPERATIONS, AND INTACT AND TRYG WOULD CO-OWN RSA'S DENMARK OPERATIONS.INTACT WOULD RETAIN RSA’S CANADA AND UK & INTERNATIONAL OPERATIONS AND OBLIGATIONS.INTACT AND TRYG WOULD CO-OWN RSA'S DENMARK OPERATIONS.FOLLOWING COMPLETION, TRYG WOULD EXPECT TO GENERATE ANNUALISED SYNERGIES OF DKK 900 MILLION.CONSORTIUM VIEWS THE COMBINATION OF RSA’S BUSINESSES WITH THOSE OF INTACT AND TRYG AS STRATEGICALLY COMPELLING.INTACT INTENDS TO UTILIZE AN UNSECURED BRIDGE AND TERM LOAN CREDIT FACILITY TO PROVIDE FUNDS CERTAINTY FOR THE PROPOSED TRANSACTION.PROPOSED ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO INTACT'S NET OPERATING INCOME PER SHARE ON CLOSING.TRYG WOULD SEEK TO FINANCE ITS PORTION OF PROPOSED TRANSACTION AND ASSOCIATED TRANSACTION COSTS PRIMARILY VIA A RIGHTS ISSUE IN 2021.INTACT INTENDS TO FINANCE ITS PORTION OF THE PROPOSED TRANSACTION AND ASSOCIATED TRANSACTION COSTS WITH AN EQUITY PRIVATE PLACEMENT.

RSA Insurance Confirms Offer Proposal From Intact Financial Corporation And Tryg A/S

Nov 5 (Reuters) - RSA Insurance Group PLC <RSA.L>::RSA INS GRP - STATEMENT REGARDING PROPOSAL.RSA INSURANCE - CONFIRMS THAT ON 2 OCTOBER 2020 IT RECEIVED A PROPOSAL FROM INTACT FINANCIAL CORPORATION ("INTACT") AND TRYG A/S.RSA INSURANCE - PROPOSAL COMPRISES 685 PENCE IN CASH PER RSA SHARE, PLUS PAYMENT BY RSA OF ANNOUNCED INTERIM DIVIDEND OF 8 PENCE PER SHARE.RSA INSURANCE - RSA IS ENGAGED IN DISCUSSIONS WITH CONSORTIUM IN RELATION TO POSSIBLE OFFER.

UK watchdog tells insurers to complete coronavirus reviews

Oct 30 (Reuters) - :FCA SAYS REMINDS INSURANCE FIRMS TO REVIEW VALUE OF THEIR PRODUCTS IN LIGHT OF IMPACTS OF CORONAVIRUS.

UK's FCA fails to reach deal with insurers on business interruption claims

Sept 30 (Reuters) - Hiscox Ltd <HSX.L>::FINANCIAL CONDUCT - FURTHER UPDATE ON FCA BI INSURANCE TEST CASE.FCA SAYS WE HAD HOPED TO REACH AN AGREEMENT WITH INSURERS BY TODAY.FCA SAYS WE RECOGNISE THAT THIS CASE HAS ALWAYS INVOLVED COMPLEX ISSUES AND WE HAVE FILED OUR SKELETON ARGUMENT WITH HIGH COURT TODAY IN AN ATTEMPT TO CLARIFY SOME OF THESE POINTS AT FRIDAY'S HEARING..WE WILL CONTINUE DISCUSSIONS WITH INSURERS AND ACTION GROUPS, TO FIND A SOLUTION WHICH RESOLVES OUTSTANDING ISSUES AS SOON AS POSSIBLE TO ENABLE PAY-OUTS ON ELIGIBLE CLAIMS..

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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