RSA Middle East records 45pc growth in first half

DUBAI — The RSA Middle East region announced its first half results for 2008, reporting profitable growth of 45 per cent compared to last year.

By A Staff Reporter

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Published: Mon 25 Aug 2008, 12:02 AM

Last updated: Sun 5 Apr 2015, 11:56 AM

Commenting on the half year results, Scott Pickering, CEO Asia and Middle East said "RSA has had much to celebrate in the first six months of 2008. We have received various industry awards, hired top industry talent, grown exponentially and have significantly increased our profile in the region through our successful re-brand."

RSA rolled out various initiatives since its successful re-brand in April 2008, adding a number of accolades to its portfolio including the Middle East 'General Insurer of the Year' Award for the second year running; the Middle East Training Award; and the Health Insurer Award in collaboration with Goodhealth.

RSA has seen very strong growth in the UAE, with its unique online personal insurance portal, supporting the rapidly growing personal insurance segment. RSA operations in Oman, KSA & Bahrain have also seen significant business growth and the overall Asia & Middle East region reported a 59 per cent growth with its Construction & Engineering (C&E) proposition.

Pat O'Flynn, RSA CEO for the Middle East said: "The Middle East itself has achieved profitable growth of 45 per cent in its top line premium income and we have developed the Middle East businesses in our targeted areas, notably Construction & Engineering, Motor and Marine."

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