Zurich Insurance Evaluates Possible Offer For RSA Insurance - Quick Facts

(RTTNews) - Swiss insurance company Zurich Insurance Group (ZURVY), responding to recent market speculation, confirmed Tuesday that it is evaluating a possible offer for RSA Insurance Group Plc (RSA.L, RSANY).

The company noted that the announcement does not amount to a firm intention to make an offer and that there can be no assurance that any offer will be made. Zurich is required to either announce a firm intention to make an offer for RSA or announce that it does not intend to make an offer by not later than 5.00 p.m. on August 25.

The company will make a further announcement in due course.