Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

RSA Ireland reports combined ratio of 94.2% in 2012

February 21, 2013 Reprints

Royal & Sun Alliance (Ireland) Ltd. reported a 5% year-on-year increase in premiums underwritten to £348 million ($565.4 million) in 2012 as compared with 2011, reports Irish Examiner.

Over 65% of the premiums were collected from outside the U.K. The insurer's combined ratio stood at 94.2%. Simon Lee, group chief executive at RSA, said that earthquakes in Italy, extreme wet weather in the U.K. in the first half of 2012 and falling bond yields have affected operating profits, which stood at £684 million ($1.11 billion). The insurer forecasts its profits and premiums in Ireland to increase in 2013.

Help

RSA Ireland reports combined ratio of 94.2% in 2012

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources