Insurance Post

RSA returns to profit in H1 amid falling premiums

Stephen Hester

RSA chief executive Stephen Hester claimed the firm's strategic action plan was “ahead of schedule” as the group saw a return to profit for the first half of 2014.

The insurer posted pre-tax profit of £69m in the first six months of 2014 (£45m from continuing operations).

Howeverr, net written premiums of £3.9bn in the first half were down 9%1 (down 3% underlying

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