RBSI hit by Tesco Personal Finance disposal as profit falls 31%
RBS Insurance has reported that it saw a 31% decline in operating profit in the first quarter of 2009 to £101m (2008: £147m) on premiums of £1.36bn (down 2% from £1.4bn in 2008). General insurance revenue was £8.1bn (2008: £8.2bn).
Broken down own brand motor policies income was £483m (2009: £485m), household and life own brand was £206m (2008: £2005), motor partnership and broker £256m (2008: £334m) and household, life
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