RSA announces Q1 operating results as takeover gets green light

In a trading update, which the insurer clarified does not constitute an interim report, RSA said its gross written premium grew 2% from the same period in 2020 to £2.05 billion this time around.

Without providing the numbers, the insurance group highlighted that each of RSA’s three regions – Scandinavia, Canada, and UK & international – performed ahead of the previous year.

Intact Financial Corporation will be retaining RSA’s Canadian, UK, and international units, while co-buyer Tryg A/S is getting the Swedish and Norwegian businesses.

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