Former RSA Ireland executive is fined and disqualified for actions that put policyholders at risk

The former Executive Director and Chief Financial Officer of RSA Ireland Insurance has been disqualified from working in a financial company for more than eight years and been fined €70,000 by the Central Bank of Ireland.
Former RSA Ireland executive is fined and disqualified for actions that put policyholders at risk

According to the Central Bank, Mr O’Connor knowingly and actively participated in RSAII’s failure to maintain sufficient technical reserves
According to the Central Bank, Mr O’Connor knowingly and actively participated in RSAII’s failure to maintain sufficient technical reserves

The former Executive Director and Chief Financial Officer of RSA Ireland Insurance has been disqualified from working in a financial company for more than eight years and been fined €70,000 by the Central Bank of Ireland.

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