RSA shares rise on underwriting earnings

Shares in RSA Insurance rose almost 6 percent on Thursday after
it reported a 25 percent rise in full-year operating profits
following changes to underwriting processes.Operating profit rose to £655mn ($816.7mn) for the full
year, while earnings per share rose 42 percent to 39.5p, beating
the analysts' consensus of 36.0p. RSA shares were up 5.8
percent at 610.50 pence as of early afternoon in London.The total group underwriting profit of £380mn also beat the
analyst estimate of &poun