RSA Insurance Group Plc is planning to hire Goldman Sachs Group Inc. and Robey Warshaw to advise it after Zurich Insurance Group AG said it was considering a bid, a person with knowledge of the matter said.
The person asked not to be identified because the information is private. RSA, based in London, jumped 18 percent to 518.5 pence Tuesday after its Swiss rival said it is “evaluating a possible offer for RSA.”
RSA has a market value of about 5.3 billion pounds ($8.2 billion). A representative for the company declined to comment.