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RSA reports premium rise of 5%

Andy Haste is chief executive of RSA

RSA has reported that net written premiums rose 5% to £1.9bn in the first quarter of 2010.

In the UK personal lines premiums rose 6% to £280m ((£263m) and commercial lines rose 7% to £417m.

The company has predicted that it will have a combined operating ratio of 95% at the end of 2010.

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