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  3. RSA.L Share Price
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  5. IN BRIEF: RSA Insurance director sells shares ahead of takeover

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IN BRIEF: RSA Insurance director sells shares ahead of takeover

Wed, 21st Apr 2021 14:44

RSA Insurance Group PLC - London-based general insurer - Nathan Williams, group underwriting director, sells 21,552 shares at GBP6.83, worth GBP147,114, on Monday. RSA is in the process of being purchased and divided up by Canada's Intact Financial Corp and Scandinavian insurer Tryg AS. The acquisition is due to complete in the second quarter.

Current stock price: 682.60 pence

Year-to-date change: up 0.8%; up 60% since November 2020 acquisition announcement

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 Feb 2021 13:28

UPDATE 2-Bank of England rules out big capital reduction for insurers after Brexit

* Lawmaker: "sky's the limit" ambition needed after Brexit* Industry facing 1.7 billion pound bill for COVID claims* BoE: COVID claims won't mean "tons" more capital needed (Adds more detail)By Huw JonesLONDON, Feb 10 (Reuters) - The Bank of England...

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10 Feb 2021 13:28

UPDATE 1-Bank of England rules out big capital reduction for insurers after Brexit

(Adds more detail)LONDON, Feb 10 (Reuters) - The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be "part of the answer" to meeting a 1.7 billion pound...

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10 Feb 2021 12:39

UK insurance capital rules are broadly right, says Bank of England

LONDON, Feb 10 (Reuters) - Britain's insurers are broadly holding the right amount of capital to protect policyholders and there is no appetite to tear up the rules after Brexit, the Bank of England said on WednesdayBritain is reviewing the "Solve...

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22 Jan 2021 16:32

UPDATE 1-Pay business insurance claims or face enforcement, UK watchdog says

(Adds more detail)By Huw JonesLONDON, Jan 22 (Reuters) - Insurers face enforcement action if they don't pay up as soon as possible on business insurance claims following a landmark court ruling, Britain's Financial Conduct Authority said on Friday...

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22 Jan 2021 15:51

Pay business insurance claims or face enforcement, UK watchdog says

LONDON, Jan 22 (Reuters) - Insurers will face enforcement action and be "named and shamed" if they don't pay up as soon as possible on business insurance claims following a landmark court ruling, Britain's Financial Conduct Authority said on Frida...

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18 Jan 2021 17:09

IN BRIEF: RSA Insurance Nears Takeover As Shareholders Approve Scheme

IN BRIEF: RSA Insurance Nears Takeover As Shareholders Approve Scheme

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15 Jan 2021 17:34

UPDATE: RSA Insurance Welcomes UK Court Decision On FCA Virus Case

UPDATE: RSA Insurance Welcomes UK Court Decision On FCA Virus Case

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15 Jan 2021 11:16

TOP NEWS: Hiscox Shares Up Despite UK Court Backing FCA In Virus Case

TOP NEWS: Hiscox Shares Up Despite UK Court Backing FCA In Virus Case

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15 Jan 2021 10:02

UPDATE 4-UK top court clears way for COVID-19 business insurance payments

* Supreme Court paves way for new wave of COVID-19 claims* Judges dismiss insurer appeals against High Court ruling* FCA, Hiscox Action Group appeals 'susbtantially allowed'* Hiscox shares fall 5% on announcement before recovering* Lawyers say strugg...

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15 Jan 2021 10:02

UPDATE 3-Businesses win pandemic insurance payouts after UK top court ruling

* Supreme court dismisses insurer appeals* FCA, Hiscox Action Group appeals 'susbtantially allowed'* Hiscox shares fall 5% on announcement* Lawyers say small businesses thrown lifeline (Adds comments from insurers, policyholder, LIIBA, details, bac...

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15 Jan 2021 10:02

UPDATE 2-UK Supreme Court hands businesses victory in COVID-19 insurance ruling

(Adds quote, reaction, share price, details)By Kirstin Ridley and Carolyn CohnLONDON, Jan 15 (Reuters) - Thousands of businesses should be covered by their insurance for losses caused by coronavirus lockdowns, the UK Supreme Court ruled on Friday, ...

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15 Jan 2021 06:24

UK Supreme Court To Rule In Fight Over Business Interruption Insurance

UK Supreme Court To Rule In Fight Over Business Interruption Insurance

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12 Jan 2021 10:20

UK Supreme Court to announce business insurance judgment Jan 15

LONDON, Jan 12 (Reuters) - The UK Supreme Court will on Friday hand down a judgment in a test case pitting the country's markets regulator against insurers over how business interruption policies were dealt with during the coronavirus pandemic, i...

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16 Dec 2020 21:18

IN BRIEF: Intact Completes CAD600 Million Notes Issue To Fund RSA Buy

IN BRIEF: Intact Completes CAD600 Million Notes Issue To Fund RSA Buy

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15 Dec 2020 13:20

UPDATE 1-No judgment in UK COVID business insurance appeal this year -watchdog

(Adds background)By Carolyn CohnLONDON, Dec 15 (Reuters) - There will be no judgment in an appeal over business interruption insurance this year, Britain's markets watchdog said on Tuesday, dashing hopes of an early outcome in a case that could af...

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