Insurance Post

RSA says Italy segment on track to break even in 2013

Simon Lee

RSA posted 5% premium growth for the year ended December 2012, however its underwriting result was flat at €375m owing to adverse weather and earthquakes in Italy.

The news came as the insurer revealed it was cutting its dividend to 3.90p per share and anticipated a similar reduction in the 2013 interim dividend.

Net written premiums from the insurer's

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