Internal restructuring
United Kingdom
Location of affected unit(s)
Bristol, Liverpool, Horsham
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

1,200 jobs
Number of planned job losses
Job loss
Announcement Date
8 August 2002
Employment effect (start)
Foreseen end date


Royal & Sun Alliance, the British insurance company, announced 1,200 job cuts following a decision to close its UK life operations to new business. 970 jobs will be cut across three sites (Bristol, Liverpool and Horsham), 230 jobs from its sales force accross the UK. A spokesperson for the company said 520 jobs would go in Bristol, 250 in Liverpool, 200 in Horsham.


  • 8 August 2002: The Guardian


Eurofound (2002), Royal & Sun Alliance, Internal restructuring in United Kingdom, factsheet number 59383, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59383.