First-half profits at RSA Insurance fell by 15% to £304m ( 47 ) 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 £ 53 m above the five-year average. “On an underlying basis we showed areas of excellent performance, however, and with much we can continue to improve." Underwriting profit fell 23% to £171 m over the period with group weather costs amounting to 53 , with bad weather in the UK , including the East from the Beast , costing the company £ £ 171 m in pre-tax profits.
First-half profits at RSA Insurance fell by 15% to £304m ( 47 ) 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 £ 53 m above the five-year average. Underwriting profit fell 23% to £171 m over the period with group weather costs amounting to 53 , with bad weather in the UK , including the East from the Beast , costing the company £ £171 m in pre-tax profits.