RSA Ireland sees Covid business interruption claims running to €46m
Dundrum-based company, led by Kevin Thompson, recorded €12.6m loss in 2020
Dundrum-based company, led by Kevin Thompson, recorded €12.6m loss in 2020
Motor, workplace and public liability claims all declined
Some 65 major institutional shareholders have launched legal actions
Insurer ‘deliberately’ manipulated reserve estimates to set aside less money than needed for claims
Insurer making ‘significant progress’ in returning to sustainable profitability
Penalties follow investigation into accounting scandal revealed in 2013
Regulator said it conducted eight on-site inspections at RSA over a two-year period
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