One analyst asked why Simon Lee’s resignation as group chief executive had been accepted, but the scandal created such difficulties for RSA, his position was probably untenable

Blame it on the Paddies, seemed to be the message yesterday from UK-based insurer RSA about the mess at its Irish subsidiary that has put a £200 milli(...)

RSA Building, Dundrum: The insurance group has suspended the chief executive of its Irish business and two other senior staff after a routine internal audit

RSA, Ireland’s biggest insurance group, was in flux last night after the company suspended three senior executives pending the outcome of an invest(...)

In an interview with the Sunday Times about 14 months ago, Philip Smith, chief executive of insurer RSA Ireland, said: “It’s a privilege to lead this (...)

Irish chief executive Philip Smith

The acting chief executive of RSA’s insurance business in Ireland told The Irish Times yesterday that its decision to inject €100 million into the res(...)

RSA said no findings had been made against any individuals involved in the audit and suspensions at this time, but as a result of these issues it estimated the group’s 2013 operating result would be £70 million (€83.9 million) lower than current market expectations. Photograph: Philip Toscano/PA Wire

RSA Insurance has said it has suspended the chief executive and two other senior managers of its Irish business while it investigates issues in the u(...)