4 September 2018Insurance

Turner assumes RSA Luxembourg leadership; looks to hire more in Europe

RSA Insurance Group's  new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role.

In June, the company announced plans to set up a new subsidiary entity in Luxembourg as part of its preparations for the UK’s exit from the European Union.

RSA expects the new unit to provide a platform in Europe post-Brexit, minimising disruption to its business with EU-based customers and ensuring the business continues to serve UK customers’ needs in Europe.

The company is looking to hire more executives to join Turner's team that will operate from Luxembourg and across Europe.

“RSA Luxembourg demonstrates our commitment to the European Union. Our investment in this office showcases our commitment to continuity for our customers and other business partners across the EU post Brexit,” Turner said.

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More on this story

Insurance
4 December 2018   UK-based RSA Insurance Group is transferring its European insurance business to its new Luxembourg office in preparation for Brexit.
Insurance
28 September 2018   RSA’s UK and London market business made an underwriting loss of around £70 million with a combined ratio of around 110 percent in the third quarter of 2018.
Insurance
20 September 2018   Richard Turner, European director of Global Risk Solutions at RSA Insurance Group, has been elected president of the International Union of Marine Insurance (IUMI).