RSA is a multinational general insurance company headquartered in London. (Photo: RSA) RSA is a multinational general insurance company headquartered in London. (Photo: RSA)

London-based RSA Insurance Group is reportedly considering a 7.2 billion-pound ($9.5 billion) takeover deal that is on track to be the largest M&A transaction of a U.K. company this year — and one of the biggest deals involving a P&C insurance carrier globally.

In a recent Bloomberg article, Opinion Columnist Chris Hughes writes that “A takeover offer that would have been so-so in February becomes impossible to refuse for [RSA] whose shares have been hit by the pandemic.”

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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