Premiums grow at Irish arm of RSA insurance

Net written premiums grew by 3%, on a constant currency basis, at the Irish arm of international insurance group, RSA in the first half of this year.

The £182m (€231m) figure was, however, down by 2% on a reported basis, on the back of general contraction in the Irish market.

RSA — formerly Royal and Sun Alliance — has attributed its recent growth in Ireland to its online operation, 123.ie, which it acquired for €65m two years ago; even though the group has a 300 year presence here and is the second largest and fastest growing insurer in the Republic.