//
The firm has said that 14 per cent of its 8,700-strong workforce will lose their jobs.
Andy Haste, RSA's chief executive, said he expected trading conditions in the future to be "challenging".
He commented: "We remain confident of continuing to deliver sustainable profitable performance and we are well positioned to take advantage of market opportunities."
Recently, RSA assured the market that is was financially robust, adding that it had £1.7 billion in cash over the regulatory requirements, reports the Telegraph newspaper.
The news comes soon after Carphone Warehouse and Vodafone announced they would be shedding jobs.
RSA Insurance is one of the world's leading insurance groups. The firm is a FTSE 100 company and listed on the London Stock Exchange.
