RSA's Hester announces £523m profit and warns against Brexit

Turnaround plan complete with better-than-expected results, as insurer’s CEO and former RBS boss reiterates support for staying in EuropeStephen Hester, the chief executive of insurer RSA, has warned about the impact of Brexit on the insurer’s business as he declared that his turnaround plan has been largely completed.Operating profits of £523m beat expectations and the shares raced up almost 10% to 433p, making them the second largest riser in the FTSE 100. Continue reading...