RSA commercial hit by drop in NWP, but UK profit up
Royal and Sun Alliance this morning reported that core net written premiums for the first three months of the year had remained stable at £1.4bn across the group. Its UK underwriting profit was up £35m, up 6% on the previous year.
In the UK the insurer reported that its personal lines business improved from a combined operating ratio of 98.8% in 2005 to 94.4% in 2006. In commercial it depreciated 1.4% to 93.3%.
Commercial lines
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