RSA core profits up on improved underwriting

Operating profits at RSA rose 25 percent to £655mn ($816.7mn)
for the full-year 2016, as the company's underwriting reform
plan began to take effect.
Earnings per share rose 42 percent to 39.5p, beating the
analysts' consensus of 36.0p.
The total group underwriting profit of £380mn also beat the
analyst estimate of £361mn.
Pre-tax profit at the UK carrier was reported at £91mn,
which took into account a £204mn adjustment for its legacy
sale and £261mn of other