RSA Insurance Group News
RSA Reportedly Exploring Sale of Middle East Unit
RSA Insurance Group Plc is considering the sale of its Middle Eastern business as the U.K. insurer seeks to raise capital, people with knowledge of the matter said. RSA, whose operations span Europe, ...
RSA CEO: Premiums Down; Strategy to ‘Reset’ Insurer Ahead of Schedule
RSA Insurance Group Plc declined in London trading after reporting lower premiums in the first nine months of this year as prices fell and it withdrew from less profitable businesses. RSA, which was ...
Allied World Paying $215M for RSA’s Hong Kong and Singapore Business
Allied World Assurance Company, Ltd. will fork over at least $215 million for RSA Insurance Group's Hong Kong and Singapore business, fueling further expansion for the mega-insurer in Asia. The cash ...
RSA Lures Another Zurich Executive
RSA Insurance Group Plc hired a second Zurich Insurance Group AG executive to run its U.K. and European units, said two people with knowledge of the matter. Steve Lewis, chief executive officer of ...
RSA Insurance CEO’s First Year Compensation May Top $9 Million
RSA Insurance Group Plc Chief Executive Officer Stephen Hester, drafted in to turn around the U.K. insurer, may be paid as much as 5.6 million pounds ($9.3 million) for his first 12 months in the ...
RSA Insurance Poaches Zurich Exec Norgrove for Irish Unit
RSA Insurance Group Plc named Ken Norgrove as chief executive officer of its Irish unit as the company seeks to put a scandal in Ireland that led to a $1.3 billion rights issue behind it. Norgrove ...
RSA Upgraded by S&P on Planned Share Sale, Buffett Risk Transfer
RSA Insurance Group Plc was upgraded by Standard & Poor's after Chief Executive Officer Stephen Hester announced a stock sale and a deal to transfer risk to Warren Buffett's Berkshire Hathaway ...
RSA’s Hester Taps Buffett’s Berkshire for Reinsurance
After less than a month on the job, RSA Insurance Group Plc Chief Executive Officer Stephen Hester announced a stock sale and tapped Warren Buffett for reinsurance to help strengthen the insurer ...