Neil DennisRSA, the UK insurance group reported an 8% rise in year-to-date premiums in the third-quarter, but failed to give a profit figure in its trading statement after hurricanes hit its underwriting performance.
The company said year-to-date group net written premiums of £5.077bn were up 8% and said earnings were ahead of 2016, but held up by third-quarter underwriting results.
Hurricane provisions
RSA said weather-related losses in the third quarter included a £50m provision against US and Caribbean catastrophe events.