Royal & SunAlliance (R&SA) has confirmed it is in the early stage of discussions to sell its UK life insurance business.
The confirmation follows an article in the Financial Times which said Resolution Life Group had put in a bid for R&SA's life operations. It placed a £900m price tag on the business.
“These discussions are at an early stage and the amounts referred to in the press are purely speculative,” the company said in a statement.
“As has been indicated for some time, the group is reviewing options for its UK life insurance operations with respect to releasing capital.”
The troubled insurer announced a review of its stake in Danish life insurer Codan in April of this year.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
