LONDON, Nov 5 (Reuters) - British insurer RSA said
on Thursday its underwriting profit rose strongly in the first
nine months of 2020 due to improvements it had made to its
underwriting strategy, despite the impact of the COVID-19
pandemic.
RSA's combined ratio, a measure of performance in which a
level below 100% indicates a profit, stood at 90% in the third
quarter, helped also by lower non-pandemic related claims.
RSA did not give full profit numbers in its third quarter
trading statement.
(Reporting by Carolyn Cohn, editing by Sinead Cruise)