Annual report and accounts 2019

We are seeking to transform RSA with the ambition of best-in-class performance in all our markets

Financial performance


Annual Report and Accounts 2019

As the world evolves, so do the needs of those we serve, and we must respond with an agile yet resilient business that always strives to do better. Read our 2019 Annual Report and Accounts (PDF) for details on how we're making things better together. 

Our year in numbers


♢ RSA uses Alternative Performance Measures (APMs) including certain underlying measures to help explain its business
performance and financial position.

1. Group excluding disposals, at constant FX.
2. Coverage ratio under Solvency II introduced in 2015.
3. The Solvency II capital position as at 31 December 2019 is estimated.
* Excluding UK&I exit portfolios.


Martin Scicluna, RSA Group chairman, seated. Taken from the RSA annual report and accounts 2017. Credit Igor Emerich

Martin Scicluna


We’ve significantly improved the Group’s performance, addressing areas of weakness from 2018 to strengthen the business for the long term. The year was not without challenges and our ambition is to improve further for customers, shareholders and all our stakeholders.

Stephen Hester, RSA Group chief executive, seated. Taken from the RSA annual report and accounts 2017. Credit Igor Emerich

Stephen Hester

Group Chief Executive

RSA has recorded its three best underwriting results this century over the last four years. each of our three regions contributed well to 2019 results. In particular the repositioning of our UK & International region showed good progress with underwriting profits of £144m.