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RSA reports 58% increase in underwriting result to £375m

General insurer RSA reported a 58% increase in the underwriting result to £375m for the full year 2011, attributed partly to the successful growth of overseas operations.

The group's net written premiums grew 9% to £8.1bn. It reported a combined ratio of 94.9%.

New written premiums for the group's UK and Western Europe division were £3,701m, up from £3,492m from 2010

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