RSA reports significant profit hike
Royal and Sun Alliance this morning reported net written premiums of £5.4bn for the year ending 31 December 2005(2004: £5.1bn). Its combined operting ratio for ongoing business was 93.8% (2004: 93.8%) and profit before tax rose to £865m (2004: £38m). Profit after tax was £605m, up £685m on 2004 (2004: £80m loss).
Andy Haste, group chief executive of Royal and Sun Alliance Insurance said: “It has been a very good year for the Group. The Core Group has performed strongly and we have made further progress in
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