Moody's expects RSA to maintain progress
Moody's Investors Service has upgraded the European Ratings of the Royal & Sun Alliance Group (Baa2 Insurance Financial Strength Ratings at Royal & Sun Alliance Insurance plc and Scandinavian subsidiaries) to Baa1 from Baa2.
The guaranteed subordinated debt at Royal & Sun Alliance Insurance Group plc was upgraded by two notches to Baa3 from Ba2. The commercial paper rating guaranteed by Royal & Sun Alliance Insurance plcOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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