Wednesday, Feb 10, 2010

LONDON (Dow Jones)--RSA Insurance Group PLC (RSA.LN) said Wednesday it has bought Al Ahlia Insurance Company SAOC for GBP31 million, in cash and shares, from ONIC.

MAIN FACTS:

-Al Ahlia is the third largest insurer in Oman, with gross written premiums of GBP40 million in 2008.

-The final purchase price is subject to a completion accounting adjustment mechanism. 


 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com

(END) Dow Jones Newswires

10-02-10 1339GMT