RSA's long 15 minutes of fame

Andrew Pearce

It led to the dismissals of Ireland CFO Rory O'Connor and Ireland claims director Peter Burke in relation to "large loss and claims accounting irregularities".

These departures followed the previous exits of group CEO Simon Lee and Ireland CEO Philip Smith.

The report confirmed that £200m had been pumped into its Ireland operations following the discovery of the issues but cited that the insurer's board was confident the problems were isolated to Ireland.

RSA's share price has since stabilised

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: