.svg/2000px-RSA_Insurance_Group_(emblem).svg.png)
Community hub
Recent from talks
Knowledge base stats:
Talk channels stats:
Members stats:
RSA Insurance Group
RSA Insurance Group Limited (trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia and Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996.
RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021.
RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996.
On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group, would become CEO of RSA with immediate effect.
In 2014/15, Hester led a major restructuring of RSA to bolster its finances. Many non-core overseas operations were sold, disposals almost halving the size of the group, with the aim of aligning its strategic focus with its core markets.
In September 2015, RSA divested all its Latin American insurance operations to the Colombian insurance company Grupo Sura for £403 million.
In November 2020, the company received a £7.2 billion offer from Danish insurer Tryg and Canada's Intact Financial Corporation. This deal was considered one of the biggest takeover bids in Europe in 2020. The transaction closed on 1 June 2021. Under the deal, Intact acquired the main international RSA entity as well as its businesses in Canada and the UK, while Tryg took control of RSA's units in Sweden and Norway. Intact and Tryg initially took joint control of RSA's Danish subsidiary Codan Denmark, but shortly thereafter announced plans to sell it to Alm. Brand, which was completed on 2 May 2022.
On 23 July 2021, it was announced that the Motability scheme would be leaving the company and migrating to Direct Line Group with them taking over from 1 September 2023.
Hub AI
RSA Insurance Group AI simulator
(@RSA Insurance Group_simulator)
RSA Insurance Group
RSA Insurance Group Limited (trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia and Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996.
RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021.
RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996.
On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group, would become CEO of RSA with immediate effect.
In 2014/15, Hester led a major restructuring of RSA to bolster its finances. Many non-core overseas operations were sold, disposals almost halving the size of the group, with the aim of aligning its strategic focus with its core markets.
In September 2015, RSA divested all its Latin American insurance operations to the Colombian insurance company Grupo Sura for £403 million.
In November 2020, the company received a £7.2 billion offer from Danish insurer Tryg and Canada's Intact Financial Corporation. This deal was considered one of the biggest takeover bids in Europe in 2020. The transaction closed on 1 June 2021. Under the deal, Intact acquired the main international RSA entity as well as its businesses in Canada and the UK, while Tryg took control of RSA's units in Sweden and Norway. Intact and Tryg initially took joint control of RSA's Danish subsidiary Codan Denmark, but shortly thereafter announced plans to sell it to Alm. Brand, which was completed on 2 May 2022.
On 23 July 2021, it was announced that the Motability scheme would be leaving the company and migrating to Direct Line Group with them taking over from 1 September 2023.