RBSI profits slump by over £500m to £58m in 2009

Paul Geddes

CEO Paul Geddes described 2009 as "exceptionally challenging"

RBS Insurance has reported a large drop in its operating profit to £58m (2008: £584m) on stable income of £4.5bn (2008:£4.5bn).

It added in-force policies grew by 3%, driven by the success of own

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