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Channel: profit warnings – Insurance Journal
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RSA’s S&P Rating Remains Seriously at Risk Even after Second Downgrade

An analysis from Stuart Shipperlee, Analytical Partner at Litmus Analysis, notes that following S&P’s initial downgrade last month, “RSA faced a further risk to its rating without fresh equity....

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RSA Shares Soar on Report Irish Unit May Need No More Fresh Capital

RSA Insurance Group Plc rose the most in almost five years in London trading amid a report that the insurer’s Irish unit may require no further capital injections. The stock jumped as much 7.5 percent,...

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RSA to Raise $1.3 Billion in Share Sale, Cuts Final Dividend

RSA Insurance Group Plc confirmed reports that it plans to raise £775 million ($1.3 billion) in a share sale and scrapped its final dividend to replenish capital depleted by a scandal at its Irish unit...

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QBE Wins Time for Cleanup as Plan Reduces Risk: Australia Credit

QBE Insurance Group Ltd.’s John Neal is shoring up the insurer’s balance sheet by selling shares and assets. He still has work to do convincing bond investors that business is improving after three...

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