LONDON, England, Oct. 23 -- RSA Insurance Group issued the following news release:
RSA Luxembourg SA has been assigned an 'A' rating as a core subsidiary of RSA Insurance Group by S&P Global.
RSA's Luxembourg office opened on 3rd September led by Richard Turner who previously oversaw RSA's EU business from the UK and has relocated to Luxembourg to take up the director role for RSAL.
Richard Turner, Director of RSA Luxembourg said:
* "RSA's presence in Luxembourg is all about preparing for the UK's exit from the European Union and ensuring minimum disruption for our EU-based customers.
* This S&P rating recognises the financial strength of our Luxembourg operation and underpins our commitment to continue serving our customers and other business partners across the EU post-Brexit."
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