Simon Schofield, chartered mechanical engineer and power generation expert has joined RSA, one of the largest U.K. commercial insurers, as a risk engineering consultant, within its Global Consulting division. Schofield joins from RWE npower to complement RSA’s team of risk …
RSA Insurance Group plc may face a backlash from investors this week as Pensions & Investment Research Consultants Ltd. said Chief Executive Officer Stephen Hester’s compensation was “excessive.” The shareholders’ group recommended investors abstain from voting for Hester’s pay at …
Philip Smith’s son thought the worst when friends texted him on an evening in early November 2013, saying “sorry to hear about your father.” “He assumed I was dead,” Smith, 47, told an employment tribunal in Dublin this month that …
Philip Smith, the former head of RSA’s Irish unit, asked for support from the division’s chairman as directors sketched out the shape of a probe into accounting matters, an employment hearing heard. Smith asked the Irish unit chairman, Leo Blennerhassett, …
Executives at RSA Insurance Group plc’s Irish unit wept as they recalled how their former boss, Philip Smith, pressured them, an employment hearing heard. “Men were weeping into their hands, crying,” Derek Walsh, RSA’s group counsel, said at an Employment …
RSA announced it has signed a contract with Amazon Web Services to use its cloud computing services across the group. The technology will initially be used to host a number of RSA and MORE TH>N websites and other digital services. …
The former head of RSA Insurance Group plc’s Irish unit said an internal company report effectively accused him of being a bully, laying the ground for his departure. In a hearing at the Employment Appeals Tribunal in Tuesday on Dublin, …
RSA Insurance Group plc viewed some reserves set aside to cover potential claims in its Irish unit as “treasure” to be used to offset underperformance elsewhere in the business, a former executive who said he was forced out of the …
RSA Insurance Group plc reported its first full-year profit since Stephen Hester took charge, restoring dividends after a string of asset sales and cost-cutting measures. Pretax profit was 275 million pounds [$425.9 million], compared with a loss of 244 million …
RSA Insurance Group plc announced that it agreed the sale of its 26 percent holding in Indian insurer Royal Sundaram Alliance Insurance Company Limited to Sundaram Finance Limited, its joint venture partner. RSA expects to receive cash consideration of approximately …
