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RSA reveals NWP up 3% following US sale

Royal and Sun Alliance has revealed net written premiums of £5.5bn - up 3% on last year - at its first annual results briefing following the ‘disposal of its last remaining legacy issue’.

The insurer reported its combined operating ratio had come in by 0.8% to 93.3% on the previous year. RSA’s operating result of £780m is up 5% on 2005 and profit before disposals and pension scheme

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