R&SA Adds $100 M To WTC Reserves

NU Online News Service, Aug. 8, 10:00 a.m.EST?Royal & Sun Alliance Insurance Group plc, theparent of Royal & SunAlliance USA, reported a $100 millionaddition to its reserve provision for losses from the World TradeCenter disaster this morning, in conjunction with its six-monthearnings report.

The earnings announcement said that the reserve additionaccounted for nearly all of the difference between operatingearnings for first-half 2002 and first-half 2001.

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