Rsa Insurance Sells British Engine Insurance for Gbp28m

Summary


MANAVIGATOR-September 30, 2009-RSA Insurance sells British Engine Insurance for GBP28m (C)2010 M2 COMMUNICATIONS http://www.m2.com

UK RSA Insurance Group (LON:RSA) has sold its subsidiary British Engine Insurance to Knapton Holdings, a wholly-owned subsidiary of reinsurer and consultant Enstar Group (NASDAQ:ESGR), for GBP28m (USD45m/EUR31m) in cash.

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Rsa Insurance Sells British Engine Insurance for Gbp28m

The transaction, subject...

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