Report on Royal and Sun’s shares

Royal & Sun Alliance Insurance Group Plc. shares recently fell 0.6% – following a 70% decrease over the past five years – to close at 83 pence in London, valuing the insurer at 2.4 billion pounds (US$4.4 billion). These results follow U.K.-based investment company Corvus Capital Inc.’s recent decision to opt out of its plans to bid for Royal & Sun Alliance Insurance Group Plc.Corvus states Royal & Sun’s managers are not cooperating with plans, which were integral to the deal as a result of “complexities” associated to the insurer. Royal & Sun is implementing strong plans to halt losses, resulting from asbestos claims, U.S. workers’ compensation payments and falling stock markets.