First - half profits at RSA Insurance fell by 15 % to £ 304 m ( $ 390 m ) from £ 360 m the year before . RSA blamed the fall on a drop in net written premiums alongside additional costs deriving from adverse weather in the UK and Canada , with the latter pushing up costs to £ 53 m above the five - year target . Underwriting profit fell 23 % to £ 210 m over the period with group weather costs amounting to £ 155 m , with bad weather in the UK , including the Beast from the East , costing the company £ 47 m in pre - tax profits .
First-half profits at RSA Insurance fell by 15% to £304m ($390m) from £360m the year before. RSA blamed the fall on a drop in net written premiums alongside additional costs deriving from adverse weather in the UK and Canada, with the latter pushing up costs to £53m above the five-year average. Underwriting profit fell 23% to £171m over the period with group weather costs amounting to £155m, with bad weather in the UK, including the Beast from the East, costing the company £47m in pre-tax profits.