ABOUT RSA INSURANCE GROUP
📊 RSA Insurance Group Public Limited Company (formerly Royal and Sun Alliance) is a multinational British general insurance company.
📊 Its UK registered office is in London with more UK offices located in Liverpool, Bristol, Manchester, Chelmsford, Glasgow, Cardiff, Sunderland, Belfast, Peterborough, Halifax, Birmingham, and Horsham.
📊 RSA also operates in in other countries where they provide insurance products and services through a network of local partners.
📊 RSA Insurance Group was formed in 1996 through the merger of Sun Alliance and Royal Insurance.
📊 Sun Alliance was a product of a merger of The Sun Fire Office, the oldest documented insurance company in the world.
OVERVIEW OF RSA INSURANCE GROUP
RSA Insurance Group operates in 28 countries and provides insurance products and services through a global network of local partners in more than 140 countries. It has more than 20 million customers around the world.
Today the company uses its capabilities to anticipate and exceed customer expectations and improve outcomes for customers via a direct channel, broker relationships or partner organisations. RSA is the second-largest general insurer in the United Kingdom.
RSA Insurance Group owns the More Than direct car, home, pet and travel insurance brand in the United Kingdom, also selling van, business car, shops and offices and business insurance through its More Than Business operation.
RSA also owns the CODAN brand in Denmark and Norway, Johnson brand in Canada, 123+ brand in Ireland, Trygg-Hansa brand in Sweden, Al-Alamiya in Saudi Arabia, Al-Ahlia in Oman and the Motability and Insurance Corporation brands in the UK.
VISION & VALUES OF RSA INSURANCE GROUP
- RSA Insurance Group’s corporate responsibility strategy was launched in 2013 and sets out their vision to work with customers and stakeholders to address society’s challenges.
- Over recent years they made effort to support education and employability, inspire enterprise and entrepreneurship, and encourage colleagues to engage with causes that matter to them.
- They are always trying to better understand the risks customers face and make sure that prices and terms are accurate, competitive and sustainable.
- They are committed to settling claims quickly and smoothly and carefully manage indemnity spend to keep the cost of claims efficient.
- RSA Insurance Group continues with a sustainable value chain to ensure current and future needs of their customers and shareholders are met, while maximising total return, income, growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF RSA INSURANCE GROUP
RSA Insurance Group’s shares are traded on the Financial Times Stock Exchange (FTSE) under the stock symbol RSA.
In the current year group underwriting profit is up 70% to £ 181million. Their interim dividend in 2018 was 7.5p per share, up 3%. Revenue for 2018 was £ 7,018 million, operating income £ 480 million and net income £ 372 million.
This performance allows shareholders confidence to buy or sell shares and to expect sound dividends and returns in 2019 and further.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy RSA INSURANCE GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN RSA INSURANCE GROUP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE RSA INSURANCE GROUP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of RSA INSURANCE GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy RSA INSURANCE GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?