Positive reserve development helps RSA absorb £40m Ogden hit


UK insurer RSA incurred a net charge of around £40 million in the UK relating to the change in Ogden discount rate but was able to more than offset it through positive reserve development elsewhere in the group, the company said in its 2017 Q1 trading update.

RSA, First quarter 2017 results, Odgen rate, Stephen Hester, UK

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