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RSA Profits Hit By £42M Blow After Unpopular Rate Change

By Alex Davis ( August 2, 2017, 1:39 PM BST) -- RSA Insurance Group PLC announced on Wednesday that profits for its U.K. underwriting business profit in the first six months of the year was £17 million ($22.5 million), a drop of £59 million from the same period in 2016, which it largely attributed to changes to a key personal injury claims discount rate....

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