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In September 2015, RSA divested all its Latin American insurance operations to the Colombian insurance company Grupo Sura for £403 million. [8] In November 2020, the company received a £7.2 billion offer from Danish insurer Tryg and Canada's Intact Financial Corporation. This deal was considered one of the biggest takeover bids in Europe in ...
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Lee was chief executive of RSA Insurance Group from August 2011, and a main board director since 2007, until December 2013. He started his career with National Westminster Bank , and after 17 years rose to director of wholesale markets. [ 2 ]
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The company is a subsidiary of the RSA Insurance Group. The brand launched in 2001, under the slogan of "Don't Accept Less Than More Than". More Than is known in the United Kingdom for its television advertising , including features such as More Than Freeman (a parody of Morgan Freeman ), Lucky The Dog and the Personal Project Manager ad.
Expansion in the United States continued in 1982, when the group acquired the Milbank Insurance Company followed in 1983 by the Missouri-based Silvey Corporation and American Overseas Holdings. At this point the United States was the Royal’s largest single market, representing 41% of its worldwide general insurance premiums.
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