New funding replaces existing £455m loan
RSA has secured a £500m, five-year debt facility from a syndicate of banks.
The new funding replaces RSA’s existing £455m facility, which was due to expire in March 2013.
RSA group chief financial officer Richard Houghton said: “With banks remaining cautious about new lending, this new, larger facility is a strong endorsement of RSA’s balance sheet and financial strength.”
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.
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