RSA targets new personal lines market with JV
Royal & Sun Alliance has today announced the signing of an agreement to acquire 50% of GD II - Global Direct Insurance Investments BV(GDI), a joint venture with Direct Insurance Financial Investments (DIFI), to access the Eastern European and Russian insurance markets.
The insurer said the joint venture is consistent with the "group's emerging markets' strategy and will accelerate delivery of a direct personal lines proposition in the region". RSA will pay £44m in
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