Briefing: Is RSA's sale to an overseas bidder a sign of the UK’s declining stature as a global insurance player?
With RSA poised to be sold to a consortium of a Danish and Canadian investors, the number of internationally recognised UK-domiciled insurers is set to reduce by one. Post content director Jonathan Swift asks: is it time to dust off plans for the Royal Society for the Protection of British Insurers?
The news that RSA is set to potentially fall into the hands of foreign owners has been described as “another hammer blow” for those who argue the UK remains a key insurance player internationally
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