RSA Insurance 2020 Interim Results
(WorldNews Denmark)

2020 INTERIM RESULTS RSA Insurance Group plc 30 July 2020 · Group business operating result up 13% vs H1 2019 · Group underwriting profit £240m1 up 33% · Group combined ratio 92.2%1; underlying EPS 23.5p1 per share · Statutory profit before tax £211m down 7% due to COVID-19 market related impacts Stephen Hester, RSA Group Chief Executive, commented: `RSA is reporting good growth in underwriting profits for the first half from continued business improvement actions. COVID-19 impacts on operating profits were broadly neutral in H1, though related financial market charges reduced our statutory results. Each region of RSA contributed in line or better than our plans, driven by improved...