RSA Insurance Group Plc CEO Stephen Hester (Courtesy: www.rsagroup.com)

(Bloomberg) — RSA Insurance Group Plc Chief Executive Officer Stephen Hester said the company will attract bids from other suitors after Zurich Insurance Group AG abandoned its 5.6 billion-pound ($8.7 billion) offer for the British insurer.

“I am sure that this company will get other approaches in the future because it’s a consolidating industry and it’s an attractive company, but we are not looking for approaches and we are not talking to anyone else as we speak,” Hester said in a telephone interview Monday from London.

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