RSA Ireland News

RSA Ireland Names Thompson from Insurance Ireland as CEO

Kevin Thompson has been appointed chief executive of RSA Ireland after being approved by the regulator Central Bank of Ireland. He will replace Ken Norgrove, who is moving to the role of CEO of Codan/Trygg-Hansa, RSA Group’s Scandinavian business. Thompson …

RSA Fires Executives as PwC Probe Reveals Inaccurate Reporting

RSA Insurance Group Plc fired two executives in Ireland after a PricewaterhouseCoopers LLP probe found that inappropriate collaboration by managers at the division resulted in inaccurate financial reporting. RSA Ireland Chief Financial Officer Rory O’Connor and Claims Director Peter Burke …

Doubts About CEO’s Controls at Insurer Raised by RSA Irish Accounting Inquiry

In September, RSA Insurance Group Plc Chief Executive Officer Simon Lee expanded the role of his top Irish lieutenant, Philip Smith, and praised his “outstanding record.” Two months later, he suspended him. Smith, 45, and two fellow executives were placed …

Irish Regulator Says It Flagged RSA Reserving Issues in August

Ireland’s financial regulator first identified concerns over RSA Insurance Group Plc’s local unit in August, three months before the insurer suspended its three top executives in the country amid an accounting probe. The Central Bank of Ireland carried out a …