RBSI sees slight dip in profit Q2 to Q3, but happy with performance YTD
Royal Bank of Scotland Insurance this morning reported an underwriting profit of £761m in 2011 to date - an increase of £591m versus September YTD 2010.
The company believes this was primarily driven by a substantial improvement in net claims. The loss ratio for the first nine months of 2011 was 72% compared with 93% for the equivalent period in 2010
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