RSA continues disposals
Royal & SunAlliance Insurance has agreed to sell its general and life insurance interests in Peru to Rimac Internacional Compania de Seguros y Reaseguros (Rimac). The insurer is also selling its 14.6% stake in Rimac. The total consideration will be around £12m (US$21m).
Simon Lee, RSA CEO International Businesses, said: "The disposal of both our insurance interests in Peru and our stake in Rimac represents another step in the ongoing Group transformation and capitalOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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