RSA takes sixth place after £37m Canadian acquisition
Royal & Sun Alliance has announced plans to acquire Canadian Northern Shield Insurance Company for approximately C$75m (£37m) payable in cash. The transaction is subject to regulatory approvals.
According to an RSA statement, CNS is a leading P&C insurer in British Columbia, with strong positions in property, liability and private auto. In 2006 it delivered gross written premiums of C$164m (
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