Peel Hunt downgrades RSA Insurance as takeover nears completion
7th May 2021 12:31
(Sharecast News) - Peel Hunt downgraded RSA Insurance on Friday to 'hold' from 'buy' but lifted the price target to 685p, which is the price it has agreed to be bought at by Intact Financial Corporation and Danish insurer Tryg.
Read moreIntact Financial launches private placement to fund proposed acquisition of RSA
29th Mar 2021 08:09
(Sharecast News) - Intact Financial will issue CAD $250.0m (£143.95m) of 4.125% fixed-to-fixed rate subordinated notes in relation to its recommended cash offer for FTSE 250 constituent RSA Insurance.
Read moreRSA Insurance posts jump in operating profit ahead of takeover
26th Feb 2021 08:18
(Sharecast News) - RSA Insurance posted a rise in full-year operating profit on Friday ahead of its takeover.
Read moreMonday broker round-up
23rd Nov 2020 13:28
(Sharecast News) - DWF Group: Liberum initiates at hold with a target price of 90p.
Read moreRSA agrees £7.2bn takeover by Intact and Tryg
18th Nov 2020 07:17
(Sharecast News) - RSA Insurance has agreed to be bought for £7.2bn by a consortium comprising Intact Corp of Canada and Denmarks' Tryg A/S.
Read moreTuesday broker round-up
10th Nov 2020 13:17
(Sharecast News) - On the Beach: Citigroup downgrades to neutral with a target price of 370p.
Read moreJefferies downgrades RSA Insurance after takeover approach
9th Nov 2020 10:01
(Sharecast News) - Jefferies downgraded its rating on shares of RSA Insurance on Monday to 'hold' from 'buy' after the insurer confirmed last week that it was in talks to sell itself for £7.2bn to a consortium comprising Canada's Intact Financial Corp and Denmark's Tryg A/S.
Read moreRSA in talks on £7.2bn takeover
6th Nov 2020 07:03
(Sharecast News) - RSA Insurance is in talks to sell itself for £7.2bn to a consortium comprising Canada's Intact Financial Corp and Tryg A/S of Denmark.
Read moreRSA reports 'strongly higher' Q3 underwriting profits
5th Nov 2020 07:52
(Sharecast News) - Insurer RSA said underwriting profit was up strongly in the first nine months of the year despite the cost of Covid-19 business claims.
Read moreFCA wants deal on business insurance claims by Wednesday
29th Sep 2020 07:39
(Sharecast News) - The Financial Conduct Authority said it had filed an appeal in a test case on business interruption claims related to the Covid-19 pandemic in case insurers failed to reach a deal on payouts to policyholders by Wednesday.
Read morePolicyholders claim partial victory in Covid-19 business interruption test case
15th Sep 2020 13:26
(Sharecast News) - The Financial Conduct Authority has claimed a partial victory in a closely-watched test case concerning business interruption payouts during the Covid-19 pandemic.
Read moreSolid underwriting performance underpins RSA interims
30th Jul 2020 07:23
(Sharecast News) - RSA Insurance posted a rise in interim underlying pre-tax profit on Thursday despite disruption from the Covid-19 pandemic, mainly on the back of a solid underwriting performance.
Read moreRSA and Hiscox participating in FCA Covid coverage test cases
1st Jun 2020 07:43
(Sharecast News) - Insurance firms including RSA and Hiscox responded to a statement from the Financial Conduct Authority (FCA) on Monday, over the regulator's business interruption insurance court proceedings, which were first announced on 1 May.
Read moreMonday broker round-up
18th May 2020 12:55
(Sharecast News) - Land Securities: Barclays upgrades to overweight with a target price of 730p.
Read moreRSA sees smaller-than-expected hit from Covid-19
7th May 2020 07:46
(Sharecast News) - RSA Insurance Group said it would face net claims of ?25m from the coronavirus pandemic, well below analyst estimates as it reported first quarter results.
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