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The logo of Zurich Insurance in Zurich, Switzerland. (AP Photo/Keystone, Steffen Schmidt)

(Bloomberg) — RSA Insurance Group Plc surged by the most in six years after Switzerland’s Zurich Insurance Group said it was considering making an offer, stirring speculation the British company could attract another suitor.

RSA may fetch about 563 pence a share, or about 5.7 billion pounds ($8.8 billion), according to Panmure Gordon & Co. analysts. The stock jumped as much as 15% to 504.5 pence in London on Tuesday. Allianz SE, Europe’s biggest insurer, and France’s Axa SA may also bid for RSA, whose shares have trailed peers in the past year, analysts said.

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