You are here

Prices & Quotes - UK Markets - RSA Insurance Group (RSA)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 429.90p
Change Today:
3.80p
Market Cap:
4,447.94m
Sector:
Insurance (non-life)

Solid underwriting performance underpins RSA interims

By Michele Maatouk

Date: Thursday 30 Jul 2020

LONDON (ShareCast) - (Sharecast News) - RSA Insurance posted a rise in interim underlying pre-tax profit on Thursday despite disruption from the Covid-19 pandemic, mainly on the back of a solid underwriting performance.
First-half underlying pre-tax profit rose 14% to 332m - ahead of consensus expectations of 237m - as underwriting profit grew 33% to 240m. However, statutory pre-tax profit declined 7% to 211m "due to Covid-19 market related impacts".

Net written premiums (NWP) dipped 3% to 3.1bn. RSA estimated that the coronavirus pandemic reduced NWP by around 110m, or 3%, consisting of price reductions, refunds, coverage changes and specific business line volume impacts.

RSA, which announced the suspension of its final dividend in April, said an interim dividend will not be declared but it expects to resume dividends "as soon as judged prudent, which absent unforeseen events should be by the time of full year results 2020".

The company also said it aims to catch up on missed dividend payments over time.

Chief executive Stephen Hester said: "RSA is reporting good growth in underwriting profits for the first half from continued business improvement actions. Covid-19 impacts on operating profits were broadly neutral in H1, though related financial market charges reduced our statutory results.

"Covid-19 has dominated recent months. Uncertain times put a special premium on sustaining customer service whilst operating safely and securely for our people and other stakeholders. This has been our focus and will remain so over the rest of the year. The recovery path from the pandemic itself is not yet certain, as well as its human and economic consequences. Nevertheless, we see good prospects for RSA remaining resilient and emerging strongly from this period."

At 0955 BST, the share were down 3.3% at 423.90p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

RSA Market Data

Currency UK Pounds
Price 429.90p
Change Today 3.80p
52 Week High 582.80p
52 Week Low 326.90p
Volume 1,139,624
Shares Issued 1,034.64m
Market Cap 4,447.94m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 15
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 18
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RSA Dividends

  Latest Previous
  Interim Interim
Ex-Div 12-Nov-20 05-Sep-19
Paid 04-Dec-20 11-Oct-19
Amount 8.00p 7.50p

Trades for 20-Oct-2020

Time Volume / Share Price
16:35 571,386 @ 429.90p
16:29 1 @ 432.10p
16:29 17 @ 432.10p
16:29 39 @ 432.10p
16:29 491 @ 431.90p

RSA Key Personnel

Chair Martin Scicluna
CEO Scott Egan