RSA 'largely unaffected' by recent underwriting volatility, says Jefferies
10th Dec 2018 14:34
(Sharecast News) - Analysts at Jefferies upgraded RSA Insurane to 'buy' on Monday, noting that its expected 2019 earnings and dividend should to be "largely unaffected" by recent underwriting volatility.
Read moreMonday broker round-up
10th Dec 2018 13:19
(Sharecast News) - RSA: Jefferies upgrades to buy with a target price of 606p.
Read moreUK car insurance premiums up for first time in a year - survey
15th Oct 2018 09:51
(Sharecast News) - British comprehensive motor insurance premiums rose by 1% in the third quarter, the first increase for year, according to a survey published on Monday by price comparison website Confused.com.
Read moreTuesday broker round-up
2nd Oct 2018 13:19
(Sharecast News) - Hargreaves Lansdown: Numis downgrades to hold with a target price of 2,102p.
Read moreMonday broker round-up
1st Oct 2018 13:30
(Sharecast News) - Barclays: Berenberg upgrades to buy with a target price of 220p.
Read moreUK performance drags on RSA in third quarter
28th Sep 2018 07:16
(Sharecast News) - RSA reported a "strong" third quarter in its international businesses in a trading update on Friday morning, but poor UK underwriting results, driving a "disappointing" quarter overall.
Read moreEsure in 'advanced' talks with Bain Capital about 280p a share offer
13th Aug 2018 11:23
(Sharecast News) - Esure confirmed on Monday that it has received an unsolicited proposal from private equity firm Bain Capital at 280p per share in cash.
Read moreBad weather hits RSA H1 operating profits
2nd Aug 2018 07:39
(Sharecast News) - Bad weather hit first half operating profits at insurer RSA which reported a 15% fall to £304m.
Read moreLondon close: FTSE falls on dollar dip, ex-divs and tendency to gold safety
16th Feb 2017 17:00
(ShareCast News) - London equities limped to a lower close Thursday, pulled down by a trinity of factors including dollar weakness, a tendency to safe-haven gold and ex-dividend stocks. These combined to see the FTSE 100 down 0.34% to 7,277.92, and the FTSE 250 down -0.65%% to 18,705.72. Both ladder
Read moreThursday broker round-up
9th Feb 2017 08:59
(ShareCast News) - Hargreaves Lansdown: Citi reiterates Sell with a target price of 1200p. Rio Tinto: Deutsche Bank reiterates Buy with a target price of 4000p. Redrow: Deutsche Bank reiterates Hold with a target price of 548p. Mondi: Jefferies reiterates Buy with a target price of 2000p. Easyjet
Read moreRSA offloads £834m of legacy liabilities to Enstar
8th Feb 2017 07:26
(ShareCast News) - RSA announced on Wednesday that it has signed contracts to dispose of £834m of UK legacy insurance liabilities to Enstar Group. The FTSE 100 insurance firm said the transaction would initially take the form of a reinsurance agreement, to be effective at 31 December 2016, to be fol
Read moreFTSE 100 movers: Persimmon update lifts builders, JP Morgan dents insurers
5th Jan 2017 14:40
(ShareCast News) - Housebuilding shares led the FTSE 100 higher for the second day, with Persimmon head of the pack as it issued a bullish year-end update. Ahead of full year results due on 27 February, Persimmon said revenues for calendar 2016 were 8% ahead of the previous year, as sales growth for
Read moreBofA Merrill upgrades St James's Place to 'buy'
18th Nov 2016 10:18
(ShareCast News) - Bank of America Merrill Lynch upgraded St James's Place as it took a look at the insurance sector on Friday, reversing some of its post-Brexit conservatism in the wake of a significant rise in bond yields. It upped St James to 'buy' from 'neutral' and lifted the price target to 1,
Read moreRSA reports drop in nine-month net written premiums
3rd Nov 2016 07:35
(ShareCast News) - RSA Insurance reported a fall in net written premiums in the first nine months of the year, reflecting the impact of disposals, but the group said it was on track for strong operating earnings increases for the year. Total group net written premiums fell 5% from the same period a
Read moreSector movers: Grocers and non-life insurers lead gains
15th Sep 2016 14:11
(ShareCast News) - Grocers and non-life insurance paced advances, with Morrisons buoying the former after posting what analysts described as an "encouraging" set of interims. Wm Morrison saw like-for-like sales excluding fuel and VAT increase by 1.4% during the first six months of the year, driving
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