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Annual Report 2006
This Annual Report & Accounts contains forward looking statements as defined in the US Private Securities Reform Act. For a discussion
of factors that could affect future results, reference should be made to the ‘Important disclaimer’ above. The following sections, Financial highlights, R&SA at a glance, Chairman's statement, Group CEO's business review, Market leading capabilities, Profitable growth, UK business review, International business review, Emerging Markets business review, Financial review, Risk framework and Corporate responsibility constitute the Business Review
of Royal & SunAlliance and are incorporated by reference into the directors’ report. The directors’ report has been drawn up and presented in accordance with, and
in reliance upon applicable English Company Law and the liabilities of the directors in connection with that Report shall be subject to the limitations and restrictions provided by such law.
