RSA: general sees £127m profit
Royal and Sun Alliance's general insurance business recorded a profit of £127m for the first quarter of the year, compared to £169m for the same period last year. The UK business's overall combined ratio was 94.1% compared to 100.3% for the same period last year.
In a statement today the company said:"The commercial result continued to be good with a combined ratio of 91.3% (2003: 94.4%). This reflects our drive to achieve technical price in all of
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