Long time coming: Why RSA deal for NIG is a ‘win-win’ for Intact, DLG and brokers
For some time now ‘Not in Group’ has been seen as an accurate reading of the abbreviation NIG. Jonathan Swift looks at why the long-considered takeover target could finally become a ‘nicely integrated gang’ within its new home RSA.
“There has been much speculation about the connection between AIG and RSA. Why not NIG and RSA?”
This was a question asked by a broker insurance age In 2004, who proposed Royal Bank of Scotland Insurance, owner of NIG [the precursor to Direct Line Group] The acquirer may be after attending a road show organized by the company – and not the other way around.
Related NIG is “on track” despite market-wide speculation, NIG’s future uncertain as RBS confirms insurance sales plan, RSA swoops in for NIG
Only users who have a paid membership or are part of a corporate membership are able to print or copy content.
To access these options as well as all other membership benefits, please contact email@example.com.