Doing Business In Canada

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News 27

Canada a growth market for RSA Insurance

We don't often hear about Canada being an exciting market for growing a financial services business these days. We're more likely to hear about banks and insurers here looking abroad for new opportunities.

So it's interesting to note that Simon Lee, the CEO of RSA Insurance Group plc, one of the largest insurers based in the U.K., is just as excited about the growth prospects in Canada as he is about emerging markets.

The property and casualty insurer has risen from the No. 10 spot in the Canadian market to the No. 3 spot during the last seven years, Mr. Lee noted during a discussion in the company's new Toronto office, where he spent some time this week.

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