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Change of Adviser

15th Jun 2010 09:44

RSA announces change of Advisor

RSA Insurance Group plc (RSA) today announces the appointment of Deutsche Bank as joint corporate broker with immediate effect.

-ENDS

For further information:

Analysts

Press

Claire Cordell Louise Shield
Tel: +44 (0) 20 7111 7212 Tel: +44 (0) 20 7111 7047
Suzannah Oliver Simon Kutner
Tel: +44 (0) 20 7111 7140 Tel: +44 (0) 20 7111 7327

Notes to editors:

Following this announcement, JPMorgan Cazenove and Deutsche Bank will be the Group's joint corporate brokers.

About RSA

With a 300 year heritage, RSA is one of the world's leading multinational quoted insurance groups. It has the capability to write business in over 130 countries and major operations in the UK, Scandinavia, Canada, Ireland, Asia and the Middle East, Latin America and Central and Eastern Europe. Focusing on general insurance, it has around 23,000 employees and, in 2009, its net written premiums were £6.7bn.

Important Disclaimer

This press release may contain 'forward-looking statements' with respect to certain of the Group's plans and its current goals and expectations relating to its future financial condition, performance results, strategic initiatives and objectives. Generally, words such as "may", "could", "will", "expect", "intend", "estimate", "anticipate", "aim", "outlook", "believe", "plan", "seek", "continue" or similar expressions identify forward-looking statements. These forward-looking statements are not guarantees of future performance. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond the Group's control, including amongst other things, UK domestic and global economic business conditions, market-related risks such as fluctuations in interest rates and exchange rates, the policies and actions of regulatory authorities, the impact of competition, inflation, deflation, the timing impact and other uncertainties of future acquisitions or combinations within relevant industries, as well as the impact of tax and other legislation and other regulations in the jurisdictions in which the Group and its affiliates operate. As a result, the Group's actual future financial condition, performance and results may differ materially from the plans, goals and expectations set forth in the Group's forward-looking statements. Forward-looking statements in this press release are current only as of the date on which such statements are made. The Group undertakes no obligation to update any forward-looking statements, save in respect of any requirement under applicable law or regulation. Nothing in this press release shall be construed as a profit forecast.

Copyright Business Wire 2010


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