The insurance company RSA is to appeal a decision of the Employment Appeals Tribunal which ordered them to pay €1.25m to former CEO Philip Smith over his dismissal.
Mon, 06 Jul, 2015
A profits warning put paid to Philip Smith’s tenure at the insurer RSA. He claims he had no alternative but to leave, writes
Mon, 16 Mar, 2015
Underwriting losses at insurance firm RSA Ireland came in at £107m (€146.9m) last year as the insurer experienced another difficult year in the Irish market.
Fri, 27 Feb, 2015
RSA Insurance Group named Ken Norgrove has chief executive of its Irish unit as the company seeks to recover from a scandal in Ireland that led to a $1.3 billion (€937m) rights issue.
Sat, 08 Mar, 2014
The Chartered Accountants Regulatory Board is awaiting the outcome of a Central Bank investigation into the collapse of Bloxhams stockbrokers before it will make a decision about looking into Deloitte’s role in the debacle.
Wed, 19 Feb, 2014
RSA Insurance has hired former Royal Bank of Scotland chief executive Stephen Hester to lead the UK insurer, as it seeks to restore its reputation after a scandal at its Irish unit.
Wed, 05 Feb, 2014
Senior Central Bank executives have held private meetings with some of the top accountancy firms in the State to demand an improvement in auditing standards of financial institutions, the Irish Examiner has learned.
Thu, 30 Jan, 2014
A former RSA Ireland executive is considering legal action on foot of the PwC report into events at the Irish operations that forced the company to increase reserves by £200m (€242m) before Christmas.
Fri, 10 Jan, 2014
Accounting irregularities at the centre of the RSA scandal that cost three Irish executives their jobs with the insurance company had been in use in RSA’s Dublin office for over three years, the Irish Examiner has learned.
Fri, 10 Jan, 2014
Ireland’s financial regulator first identified concerns over RSA Insurance Group Plc’s (RSA) local unit in August, three months before the insurer suspended its three top executives in the country amid an accounting probe.
Wed, 13 Nov, 2013
RSA Insurance Group, the UK’s biggest non-life insurer, tumbled after suspending its Irish unit’s management, probing losses and warning it will miss targets for the second time in a week.
Tue, 12 Nov, 2013