RSA confirms takeover regulatory approval and posts best COR in a decade
The takeover by Intact and Tryg has cleared all the regulatory hurdles and should complete at the end of May, RSA confirmed as it posted a combined operating ratio of 86% for the first quarter of 2021.
The £7.2bn cash buyout by Canadian insurer Intact and Danish provider Tryg was first revealed last November and was approved by shareholders at the beginning of 2021.
Under the deal, Intact will snap
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