Tuesday, September 29, 2009

The Columbia RSA eyeing Fortis Insurance International

British insurer Royal & Sun Alliance (RSA) would be interested in a resumption of international insurance holding company of Fortis, says the Sunday Telegraph, based on sources "well placed". According to British newspaper, RSA also covet the assets of U.S. insurance group AIG. Asked by
The Sunday Telegraph, RIAA declined to respond.

The British insurer, which feeds on international expansion plans, probe continental Europe and Latin America. RSA plans to raise $ 1 billion on capital markets to finance its appetite.

According to the Sunday Telegraph RSA would be interested in the international insurance activities of Fortis. Fortis Insurance International is particularly active in France, Portugal, Turkey, Russia, Ukraine, China, Hong Kong, India and Great Britain.

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