Royal & SunAlliance Insurance Group

While the radical restructuring has addressed and resolved most of the strategic issues that plunged the group into crisis at the beginning of the decade, the businesses in run-off in the US continue to present significant strategic risks

While the 2005 market share figures of the UK based insurance group Royal & SunAlliance might suggest a pretty dismal year for the group which has seen a 3.5% fall in its gross premium income to £6.4bn, exactly the opposite was the case. In 2005, the group produced its first net profit, and quite a decent one at that (£605.0mn), for the first time in seven years.