Zurich ditches RSA takeover after losses in general insurance
 

Zurich ditches RSA takeover after losses in general insurance
ZURICH (Reuters) - Zurich Insurance Group AG abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC on Monday after forecasting a $200 million loss in its general insurance business due to explosions at the Chinese port of Tianjin.
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