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RSA gives bullish outlook, beats consensus
25 February 2010
RSA, the UK’s largest commercial insurer, said Thursday that 2009 pre-tax profit slumped by 27%, but remained confident of “delivering excellent results” despite continued economic uncertainties.
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RSA
Andy Haste
outlook
profit
2009
RSA, the UK’s largest commercial insurer, said Thursday that 2009 pre-tax profit slumped by 27%, but remained confident of “delivering excellent results” despite continued economic uncertainties.
RSA posted profit before tax of £554m ($847m), down from £759m. Greig Paterson, analyst at Keefe, Bruyette & Woods, said the result was “well ahead...
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