RSA Group
RSA completes sale of Indian stake
RSA has announced that the sale of its stake in Indian insurer Royal Sundaram Alliance has been completed.
Zurich share price drop blamed on 'destructive history of acquisitions'
The 2% fall in Zurich’s share price yesterday (28 July) against a backdrop of a marginal market-wide uptick has been attributed to the “destructive history of acquisitions in the insurance sector and Zurich specifically”.
Zurich says any offer for RSA will likely be cash only
Swiss giant Zurich has said that any forthcoming offer for buying RSA will likely solely be in cash.
Blog: Rating the likelihood of a RSA takeover from Allianz to Zurich
Fifteen years ago I remember going on a press trip to Munich which took in a number of meetings with Allianz's top brass.
Potential Zurich takeover of RSA 'good for the industry' and for both firms
A swoop by Zurich for RSA would be “good for the industry” and would suit both businesses, according to market commentators, despite the likely loss of the RSA brand and subsequent job cuts.
RSA advises shareholders against action in light of Zurich interest
The board of RSA has noted the announcement that Zurich is evaluating a potential offer for the insurer, but have claimed talks have yet to take place and has advised shareholders not to take any action at this stage.
Zurich considers takeover offer for RSA
Zurich has confirmed it is evaluating an offer to buy UK-headquartered insurer RSA.
Insurers round on Aviva following 'disingenuous' ABS accusations
Aviva has been criticised for playing the “blame game” in the fight against fraud following accusations that rival insurers with alternative business structures are guilty of “feeding the beast” of fraudulent whiplash claims.
Walker begins Hong Kong QBE journey
Mark Walker, previously CEO of RSA Hong Kong, has started his role as CEO of QBE's Hong Kong operations.
Career File - Scott Egan: Scott Egan leaves Towergate for RSA
Towergate interim CEO Scott Egan is to join RSA as group chief financial officer and executive director with an annual salary of £525,000.
British Insurance Awards 2015: The winners
AIG, LV and Wilby were among the big winners at the British Insurance Awards – collecting two gongs apiece.
FRC announces investigation into former RSA Ireland staff
The Financial Reporting Council has decided to investigate the conduct of certain members of staff at RSA Insurance Ireland in the year ending 31 December 2012.
Egan to exit Towergate for RSA CFO role
Towergate interim CEO Scott Egan is to join RSA as group chief financial officer and executive director with an annual salary of £525,000.
Fraudster who claimed £40,000 losses from shop fire handed suspended sentence
A fraudster who exaggerated the value of a large claim against RSA has been sentenced to 10 months in prison, suspended for twelve months, and ordered to do 160 hours Community Service.
RSA claims Irish tribunal judgement is 'not supported by evidence'
RSA has confirmed its intention to appeal the decision of Ireland’s Employment Appeals Tribunal, which found in favour of former Irish CEO Philip Smith.
Roundtable: Telematics: a move into the mainstream
Will the falling cost of telematics devices see the technology move away from exclusively targeting young drivers and into other sections of the motor market?
Insurers sticking by Autoglass in wake of consumer criticism
Insurers that maintain commercial partnerships with Autoglass have vowed to work alongside the embattled windscreen repairer to address criticism of the firm’s service levels following its decision to scrap its branch network.
C-Suite - Insurer: Driverless cars gathering pace
The barriers preventing widescale adoption of autonomous vehicles are slowly being broken through, says Kenny Leitch.
RSA to appeal Philip Smith's constructive dismissal verdict
RSA has vowed to appeal the Employment Appeal Tribunal's decision in Dublin to award former Ireland CEO Philip Smith €1.25m (£900,000) in constructive dismissal damages.
Technology: A brighter future
The insurance industry can learn a few lessons from the recent London Technology Week Festival, particularly in terms of driving company engagement.
Market Moves - 18 June 2015
Find out who has moved where in the insurance industry in this week's Market Move's column.
RSA appoints David Wyatt to newly created GSL role
RSA has appointed David Wyatt to the newly created role of development director within its global specialty lines business.
Compulsory salvage code proposed to prevent written-off cars returning to the road
Insurers have backed proposals to mandate the salvage code of practice with a view to ensuring the most severely damaged written-off vehicles do not return to UK roads, Post can reveal.