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RSA's Q1 Results - AlphaValue's view

Discussion in 'General Share Chat' started by Mongoose82, May 6, 2016.

  1. Mongoose82

    Mongoose82 A Legendary Member

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    Read AlphaValue's note on RSA INSURANCE GROUP PLC (RSA), out this morning, by visiting https://www.research-tree.com/company/GB00BKKMKR23

    "Mixed figures were posted by RSA for Q1 16. Written premiums in Scandinavia were down 5% to £581m (down 7% at constant FX). The same trend was observed in Canada where premiums were down 2% at reported FX to £209m (but up 2% at constant FX). UK & Ireland premiums reached £635m, +2% yoy. The Q1 16 was marked by the disposals of RSA’s businesses in Brazil, Colombia and Russia, while Chile and Argentina also closed in April. The two remaining Latin American disposals should be completed by the middle of the year. The investment portfolio grew 7% to £13,851m, with an average book yield down by 0.1% to 2.8% ..."
     
  2. Bristol87

    Bristol87 Demi God of BlueShare

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    CEO has invested £0.5m I believe
     

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