RSA CEO Lee says Aviva-type deal would be "inherently risky"
RSA’s new CEO has insisted that it would shun major transformational deals because of the risk involved, while also insisting that it tends to walk away from bidding wars as these inflate acquisition prices.
Simon Lee, right, has been adamant since taking over last year that RSA has no plans to repeat - or make a similar move - to its 2010 bid for Aviva's UK, Irish and Canadian general insurance
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