RSA boss Stephen Hester was  widely tipped as a potential new boss for Barclays before the reversal. Photograph: Bloomberg

In abruptly ending its courtship of the British insurer RSA, suitor Zurich Insurance opted for the corporate equivalent of the traditional break-up cl(...)

Stephen Hester, hired in 2014 to help the RSA restore profit and recover from an accounting scandal in Ireland, said the insurer hadn’t received any other approaches since Zurich first registered its interest in the company in July. (Photograph: Toby Melville/Reuters)

RSA Insurance chief executive officer Stephen Hester said the company will attract bids from other suitors after Zurich Insurance abandoned its £5.6 (...)

Volkswagen tempered gains, tumbling 19 per cent after admitting to systematically cheating on US air pollution tests for years. 

European stocks rebounded from their worst drop in two weeks, led by advances in health-care and utility shares. Volkswagen tempered gains, tumbling (...)

Zurich Insurance Group will not make an offer for RSA Insurance Group after scrutinising its accounts, the company said on Monday. (Photograph:  Toby Melville/Reuters)

Zurich Insurance Group abandoned an offer for RSA Insurance Group because it expects a loss in its own general insurance business in the third quar(...)

Bebo founder Michael Birch: His current projects include start-up incubator Monkey Inferno.  photograph: dave meehan

“It’s suicide to try and be a better Facebook, ” Michael Birch says. And he should know. Along with his wife Xochi, he co-founded social networking si(...)

Stephen Hester, chief executive of RSA Insurance Group: “With RSA’s focus on its largest markets in the UK & Ireland, Scandinavia and Canada, it has become increasingly clear to us that RSA is no longer the best strategic owner of these businesses.”

British insurer RSA is selling its Latin American operations to Colombia’s GrupoSura for £403 million in a deal that could ease RSA’s own takeover by (...)

Michael J Carney on the Great Blasket Island, Co Kerry, where he was born in 1920. He died in August in Massachusetts at the age of 94. Photograph: Valerie O’Sullivan

Mike Carney, the oldest surviving native of the Blasket Islands, died last week in Massachusetts at the age of 94. He lived a slightly longer life tha(...)

A view of cliffs on Inis Meáin, one of the Aran Islands. Photograph: Getty Images

Inis Meáin’s primary school has been saved from imminent closure but it has taken the intervention of an insurance company to secure the necessary fun(...)

RSA Insurance rose in London trading after Switzerland’s Zurich Insurance proposed to buy the company for about £5.6 billion. Photo: Bloomberg

RSA Insurance rose in London trading after Switzerland’s Zurich Insurance proposed to buy the company for about £5.6 billion (€4.8 billion). The shar(...)

 Martin Senn, chief executive officer , Zurich Insurance Group, pictured in Dublin. Senn, who is weighing a bid for RSA that would increase Zurich’s market share in the UK and Scandinavia, has also sold businesses and improved efficiency as insurers struggle with low interest rates and pressure on price. (Photograph: Eric Luke / THE IRISH TIMES)

Zurich Insurance Group, the Swiss firm considering a bid for the UK’s RSA Insurance Group, reported profit that missed analysts estimates as earnings(...)