RSA Group

Exercise Watermark set for insurer-specific rerun

The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.

Editor's comment: All action, no talk

Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…

RSA swoops for marine broker

RSA has expanded its regional footprint and intermediary network through the acquisition of Nottinghamshire-based broker Noble Marine, Post can reveal.

Lloyds seeks GI partner to focus on banking

Lloyds Banking Group is expected to seek a joint venture partner for its general insurance business amid strong speculation that it is gearing up to dispose of its Edinburgh-based life and pensions business Scottish Widows.

Editor's comment: tying the knot

The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.

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