Rory O Connor

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Passenger numbers on Dublin’s Luas jumped to a record 30.5 million last year, according to the Rail Procurement Agency (RPA),The city’s light rail sys(...)

RSA’s Irish subsidiary in  Dundrum, south Dublin, has been the focus of an investigation by PwC following the discovery of financial irregularities in November last year.

Shares in RSA Insurance rose by 2.5 per cent this morning, up to their highest level since December 11th, ahead of the delivery of a report into the (...)

RSA, Dundrum: A report says that the insurer’s Irish unit may require no further capital injections.

RSA Insurance rose by its highest rate in almost five years in London trading after a report that the insurer’s Irish unit may require no further capi(...)

 A Luas train / tram on Benburb Street in North inner city Dublin. File photograph: Bryan O’Brien / The Irish Times.

Luas operator Transdev celebrated the 30millionth Luas passenger this morning, with the award of an annual pass to a 19-year-old Co Tipperary woman, a(...)

The RSA Challenge ODI, Malahide Cricket Ground, Malahide, Co. Dublin 3/9/2013Ireland vs England.

Howzat for a fall from grace for Irish cricket sponsor RSA?In the space of six weeks, the FTSE 100 insurer has issued three profit warnings and pumped(...)

RSA’s woes in Ireland emerged on November 8th when it announced the suspension of chief executive Philip Smith, chief financial officer Rory O’Connor and claims director Peter Burke pending the outcome of an investigation into issues involving “claims and finance functions which were identified during a routine internal audit”.

Shares in British insurer RSA fell by 7.2 per cent in London yesterday after the company said it had provided another £135 million (€160 million) in (...)

RSA chief executive Philips Smith. Photograph: Dara Mac Dónaill/The Irish Times

Mark PaulRSA Ireland, the insurance company which recently suspended three senior executives over alleged irregularities in its claims and provisionin(...)

Philip Smith:  currently suspended pending the outcome of an investigation

Philip Smith, who is currently serving a suspension as chief executive of insurer RSA, has agreed to “step back” from his role as president of Insuran(...)

The Central Bank pointed out that PwC has been “on site” within RSA’s Irish operation since the week beginning October 28th and had not been brought in over the weekend, as may have been the impression given by RSA. Photograph: Matt Kavanagh

RSA seems to have a been somewhat economical with the the truth when it comes to the Central Bank’s role in uncovering problems at its Irish subsidiar(...)

The Central Bank said yesterday that it identified an issue with regard to “delays in increasing case reserves on large claims in a timely manner and this informed the terms of an internal audit that RSA had already scheduled in relation to the same area”.

The Central Bank of Ireland identified concerns about the operations of insurer RSA Ireland some three months before three senior executives at the co(...)

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