Simon Lee, Group CEO of RSA, commented:
"These are strong results in challenging market conditions. We have continued to build momentum and drive growth across the business while maintaining a strong financial position. Premiums have grown by 11% reflecting targeted organic initiatives, rate and the benefits of our 2010 deals.
“I feel privileged to be leading such a great business and I am confident in our ability to continue to meet our targets and deliver sustainable profitable performance. While the external environment remains tough, as things currently stand, we continue to expect to deliver a combined for the Group of better than 95% in 2011.
