RBSI CEO cries injustice as it is hit with 30 PPOs
Royal Bank of Scotland Insurance's decision to strengthen its reserves by £320m in lieu of bodily injury claims has contributed to an operating loss of £253m in the first six months of the year.
The insurer also reported an underwriting loss of £27m, compared with a £482m profit in the first six months of 2009; total income of £2.08bn (H1 2009: £2.03bn); and a technical loss of £378m (H1 2009
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