Sunday 26 March 2017

RSA profits bounce back to £235m

RSA will post a pretax profit of £235m (€333m) for the first half of 2015, according to a poll of analysts supplied by the company.

Swiss rival Zurich said it is weighing a possible bid for RSA, with speculation the price tag would be £5.5bn.

RSA returned to profit last year under former RBS boss Stephen Hester (left), after losses in 2013 driven by an accounting scandal at its Irish unit and bad weather.

Irish Independent

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