FINANCE
recently announced 2015 results this has largely been achieved . The company has enjoyed a 473 percent growth in underwriting profit , and a 221 percent growth in profits after tax .
The resurgence of the group is being achieved by a radical programme of restructuring that involved the disposal of businesses in Hong Kong , Singapore , China , India , Italy and Latin America and refocusing the group on the profitable UK , Scandinavia and Canada markets . “ We see 2016 as the last major restructuring year with disposals and balance sheet work completing and the heavy lifting of core business improvement and cost reduction action continuing ,” said Hester , who now wants to place customer focus and competitiveness at the front of his agenda as he seeks to restore RSA as the leader of the insurance industry pack .
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