RSA’s underwriting revenue virtually doubled in 2024, hitting £172m, up from £90m in 2023, the insurer’s father or mother firm, Intact, has reported.
Its mixed ratio additionally noticed enhancements from 96.4% in 2023 to 92.8% in 2024.
The fourth quarter of 2024 noticed a big transfer of 11.9 factors to 92.7% in comparison with the identical interval in 2023, throughout the UK and Eire on the insurer.
Intact accomplished the acquisition of RSA in June 2021 after the takeover was cleared by the Excessive Court docket of Justice in England and Wales.
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