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RSA raises £500m of debt

RSA, the insurance giant, said that it has raised £500m of lower tier two subordinated debt.

The proceeds will provide the Group with additional financial flexibility ahead of any call on its €500m subordinated guaranteed bonds in October 2009.
The issue, which will be denominated in

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Throwback Thursday: Aids debate

Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when the sector was counting the cost of Aids and defending the questions it asked life insurance applicants.

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