RSA has shocked the City by increasing sales during Q1 2010. Bumping up motor insurance premiums by 9% clearly helped.

RSAles for the first quarter were up 7% on this time last year, boosted also by hikes of 4% on household and 6% on “personal” cover through the More Th<n brand.

“It’s a competitive market,” explained CEO Andy Haste, “with rivals such as ^VIV^ increasing their efforts, particularly in the car market.”

But “our strategy is working,” he chuckled with sinister glee (probably).

Despite losses from things like earthquakes in Chile and inclement weather closer to home, Mr Haste was reluctant to rule out the possibility of making some money in 2010, for which RSA currently projects a COR of around 95%.

2010 will be a big year for RSA, who not only celebrate the 300th anniversary of some distant putative forebear, but also totally trump QBE’s efforts to corner the rugby sponsorship market by hosting football’s prestigious World Cup tournament this summer.

Not that RSA? Oh…


    What our clients say about us

    Jo was friendly while still professional. She answered any questions and was patient and happy to help. Next steps and cover confirmation could have been a bit clearer. I've had calls from credit hire that I was expecting for replacement bike but they were pushing to do repairs. I was told this would be done by an approved repair. I called just after 9am to notify a claim and was told I would receive a call back within 10 to 15mins. I had to call back an hour later as no one had called back. The lady who answered, Jo, did deal with things straight away and was very helpful
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