RSA Insurance Group
Market Cap
UK£5.4b
Last Updated
2019/10/23 20:37 UTC
Data Sources
Company Financials +
Executive Summary
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products.
Snowflake
Fundamentals
Acceptable track record second-rate dividend payer.
Similar Companies
Share Price & News
How has RSA Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.9%
RSA
-1.6%
GB Insurance
0.08%
GB Market
1 Year Return
-3.2%
RSA
-1.3%
GB Insurance
3.5%
GB Market
Return vs Industry: RSA underperformed the UK Insurance industry which returned -1.3% over the past year.
Return vs Market: RSA underperformed the UK Market which returned 3.5% over the past year.
Shareholder returns
| RSA | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | -1.6% | 0.08% |
| 30 Day | 0.4% | -0.4% | -1.3% |
| 90 Day | -8.1% | -8.8% | -2.2% |
| 1 Year | 0.9%-3.2% | 9.9%-1.3% | 9.0%3.5% |
| 3 Year | 6.1%-4.2% | 23.6%0.5% | 18.1%3.1% |
| 5 Year | 27.9%11.2% | 39.8%3.9% | 36.2%5.3% |
Price Volatility Vs. Market
How volatile is RSA Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Miss RSA Insurance Group's (LON:RSA) 13% Share Price Gain?3 weeks ago | Simply Wall St
With A -14% Earnings Drop, Is RSA Insurance Group plc's (LON:RSA) A Concern?1 month ago | Simply Wall St
With A 7.1% Return On Equity, Is RSA Insurance Group plc (LON:RSA) A Quality Stock?Valuation
Is RSA Insurance Group undervalued compared to its fair value and its price relative to the market?
36.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RSA (£5.27) is trading below our estimate of fair value (£8.28)
Significantly Below Fair Value: RSA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RSA is poor value based on its PE Ratio (20.7x) compared to the Insurance industry average (13.8x).
PE vs Market: RSA is poor value based on its PE Ratio (20.7x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: RSA is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: RSA is good value based on its PB Ratio (1.3x) compared to the GB Insurance industry average (1.7x).
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Future Growth
How is RSA Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSA's forecast earnings growth (16.3% per year) is above the savings rate (1.2%).
Earnings vs Market: RSA's earnings (16.3% per year) are forecast to grow faster than the UK market (12.4% per year).
High Growth Earnings: RSA's earnings are forecast to grow, but not significantly.
Revenue vs Market: RSA's revenue (1.9% per year) is forecast to grow slower than the UK market (4% per year).
High Growth Revenue: RSA's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSA's Return on Equity is forecast to be low in 3 years time (13.8%).
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Past Performance
How has RSA Insurance Group performed over the past 5 years?
62.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: RSA has become profitable over the past 5 years, growing earnings by 62.1% per year.
Accelerating Growth: RSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RSA had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Insurance industry average (21.9%).
Return on Equity
High ROE: RSA's Return on Equity (7.1%) is considered low.
Return on Assets
ROA vs Industry: RSA has a higher Return on Assets than the Insurance industry average last year.
Return on Capital Employed
ROCE Improving: RSA has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is RSA Insurance Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: RSA has a low level of unsold assets or inventory.
Debt Coverage by Assets: RSA's debt is covered by short term assets (assets are 12.930500x debt).
Financial Institutions Analysis
Asset Level: RSA's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if RSA has a sufficient allowance for bad loans.
Low Risk Liabilities: RSA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if RSA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: RSA has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if RSA has an appropriate level of bad loans.
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Dividend
What is RSA Insurance Group's current dividend yield, its reliability and sustainability?
3.99%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: RSA's dividend (3.99%) is higher than the bottom 25% of dividend payers in the UK market (1.98%).
High Dividend: RSA's dividend (3.99%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stable Dividend: RSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: RSA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.5%), RSA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RSA's dividends in 3 years are forecast to be covered by earnings (66.8% payout ratio).
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Management
What is the CEO of RSA Insurance Group's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Stephen A. Hester (58yo)
5.7yrs
Tenure
UK£4,068,000
Compensation
Mr. Stephen A. M. Hester has been the Group Chief Executive Officer of RSA Insurance Group plc since February 05, 2014. Mr. Hester has over 30 years' experience in financial services and FTSE100 companies ...
CEO Compensation Analysis
Compensation vs. Market: Stephen A.'s total compensation ($USD5.24M) is about average for companies of similar size in the UK market ($USD3.53M).
Compensation vs Earnings: Stephen A.'s compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.8yrs
Average Tenure
50.5yo
Average Age
Experienced Management: RSA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
4.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: RSA's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Stephen A. Hester (58yo)
Group Chief Executive & Director
- Tenure: 5.7yrs
- Compensation: UK£4.07m
Karen Caddick (50yo)
Group HR Director
- Tenure: 0.4yrs
Charlotte Heiss
Group Chief Legal Officer & Company Secretary
- Tenure: 3.6yrs
Scott Egan (48yo)
Chief Executive of UK & International and Director
- Tenure: 4yrs
- Compensation: UK£1.96m
Ken Norgrove
Chief Executive Officer of RSA Group Scandinavian Business
- Tenure: 0.8yrs
Natalie Whitty
Communications Director
- Tenure: 0yrs
David Coughlan
Managing Director - UK Personal Lines
- Tenure: 3.4yrs
Charlotte Jones (51yo)
Group CFO & Executive Director
- Tenure: 1.5yrs
- Compensation: UK£56.00k
David Germain
Group Chief Technology Officer
- Tenure: 2.9yrs
Kerry McConnell
Director of Investor Relations
- Tenure: 0yrs
Board Members
Sonia Baxendale (57yo)
Independent Non-Executive Director
- Tenure: 0.6yrs
Stephen A. Hester (58yo)
Group Chief Executive & Director
- Tenure: 5.7yrs
- Compensation: UK£4.07m
Enrico Tommaso Cucchiani (69yo)
Independent Non-Executive Director
- Tenure: 4.8yrs
- Compensation: UK£85.00k
Martin Strobel (53yo)
Senior Independent Director
- Tenure: 0.2yrs
- Compensation: UK£110.00k
Martin Scicluna (69yo)
Chairman of the Board
- Tenure: 6.8yrs
- Compensation: UK£427.00k
Scott Egan (48yo)
Chief Executive of UK & International and Director
- Tenure: 4yrs
- Compensation: UK£1.96m
Alastair William Barbour (66yo)
Independent Non-Executive Director
- Tenure: 8yrs
- Compensation: UK£115.00k
Charlotte Jones (51yo)
Group CFO & Executive Director
- Tenure: 1.5yrs
- Compensation: UK£56.00k
Kath Cates
Independent Non-Executive Director
- Tenure: 6.1yrs
Company Information
RSA Insurance Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: RSA Insurance Group plc
- Ticker: RSA
- Exchange: LSE
- Founded: 1706
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: UK£5.431b
- Shares outstanding: 1.03b
- Website: https://www.rsagroup.com
Number of Employees
Location
- RSA Insurance Group plc
- 20 Fenchurch Street
- London
- Greater London
- EC3M 3AU
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RSAI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| RSA | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| SUA2 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| RSAL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| RSNA.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Oct 2008 |
Biography
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products. It operates through Scandinavia, Canada, and UK & International segments. The company o ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 20:37 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.