RSA CEO Stephen Hester News

RSA’s CEO Warns That UK Withdrawal from EU Could Have Negative Impact

RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer’s business and investment returns, underscoring a warning from top executives about the impact of withdrawal. Hester was one of 36 …

Poland’s PZU to Pay $498 Million for RSA’s Eastern European Units

PZU SA, central Europe’s largest insurer by market value, agreed to buy RSA Insurance Group Plc’s four units in the biggest foreign acquisition by a Polish financial company. PZU will pay a combined โ‚ฌ360 million ($498 million) for Lietuvos Draudimas …

RSA Upgraded by S&P on Planned Share Sale, Buffett Risk Transfer

RSA Insurance Group Plc was upgraded by Standard & Poor’s after Chief Executive Officer Stephen Hester announced a stock sale and a deal to transfer risk to Warren Buffett’s Berkshire Hathaway Inc. The credit grade was lifted to ‘A’ from …