RSA Insurance Group Plc climbed to the highest level since November 2013 as Zurich Insurance Group AG looked to raise financing ahead of a possible takeover offer for the British firm this week.

The shares advanced 2 percent to 524.5 pence at 11:03 a.m. in London, extending their rally to 20 percent since July 28, when Zurich said it was considering a bid. The Swiss insurer is said to be talking to banks about raising more than $4 billion, two people familiar with the discussions said Friday.

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