RSA has notified its reinsurers that it expects a gross loss from Storm Desmond of £85mn ($126mn), with the London-listed carrier set to be burnt by a £50mn line on a McVitie's biscuit factory, The Insurance Insider can reveal.
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RSA has notified its reinsurers that it expects a gross loss from Storm Desmond of £85mn ($126mn), with the London-listed carrier set to be burnt by a £50mn line on a McVitie's biscuit factory, The Insurance Insider can reveal.
...