RSA Insurance : Noraxis sale completion announced

NEWS: RSA announces completion of sale of its majority-owned Canadian insurance brokerage business

Further to the announcement of 19 May 2014, RSA Insurance Group plc (RSA) announces the completion of the sale of its shareholding in Noraxis Capital Corporation, its Canadian insurance brokerage business, to Arthur J. Gallagher & Co on 2 July 2014, following receipt of formal regulatory approval.

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About Arthur J. Gallagher

Arthur J. Gallagher & Co. is an international service provider and plans, designs, and administers a full array of customised, cost-effective property/casualty insurance and risk management programs. Gallagher has operations in 25 countries and, through a network of correspondent brokers and consultants, offers client-service capabilities in more than 140 countries around the world.

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