RSA Insurance Group Plc. (RSA.L) in its interim Management Statement, said it entered 2013 with good momentum. It has been an encouraging start to the year for the Group with reported premium growth of 7%. The company believes there are significant opportunities to drive further value across the Group.
The company said its guidance for 2013 remains unchanged and it is confident in delivering good premium growth on a constant exchange rate basis, a combined operating ratio of better than 95%, investment income of around 470 million pounds and return on equity of 10-12% for the full year 2013.
The company noted that all of its businesses are on track to achieve performance in line with the expectations laid out at its 2012 preliminary results in February.
Net asset value, excluding IAS 19 pension deficit, up 5% to 112 pence per share, compared to 107 pence at 31 December 2012.
Net written premiums rose 5% to 2.3 billion pounds, at constant exchange.
The company said IGD surplus was strong at 1.3 billion pounds; coverage remains at 1.9 times.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.