RSA chief executive Stephen Hester says remaining London commercial business “will stay under careful review”

Following a media call yesterday, Hester said: “The remaining business that we have there…will stay under careful review.”

RSA bounced back with improved results yesterday, having suffered a difficult 2018 when the London Market Speciality and Wholesale business had 2018 premium income of £265m but underwriting losses of £109m.

RSA said yesterday that the total net premium targeted for exit had been £250m, across the London business and MGAs, with most now implemented.