Rory O Connor

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During a conference call yesterday, analysts grilled RSA directors about the implications of the two successive profit warnings on the insurer’s levels of debt, the adequacy of its controls and the possibility of disposals.

Shares in RSA dropped as much as 16 per cent yesterday as investors had their first chance to respond to accounting irregularities at the insurer’s Ir(...)

RSA told investors last Friday that problems in its Irish unit would knock about £70 million, or 15 per cent, off its group profits

Shares in RSA Insurance Group, Britain’s biggest non-life insurer, fell by up to 16 per cent this morning as markets reacted to the suspension of thre(...)

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(...)

Brian McDonagh is a musician and painter. From Dublin, he was member of 1970s traditional group, Oisín. He moved to Sligo in the 1980s and was a found(...)

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