Corporate News

Royal & SunAlliance announced Group third quarter results on 9 November 2006.

Strong Nine Months

• Core Group net written premiums of £4.1bn up 2% on 2005
• Combined operating ratio (COR) of 93.1% - 0.5 points better than 2005
• Operating result of £590m up 21% on 2005
• Profit before disposals and pension scheme change increased by 40% to £477m
• Shareholders' funds increased by 8% to £3.0bn

Delivery Against Strategic Objectives

• Strong performance from all Core businesses
• Driving the business forward through organic profitable growth and bolt on acquisitions
• Realised £12m net benefit of targeted £130m expense savings
• Shareholder approval gained for disposal of US operation
• US delisting completed and SEC deregistration progressing