Jobs on the line as RSA Ireland hit by losses of €150m and fine from regulator

Jobs on the line as RSA Ireland hit by losses of €150m and fine from regulator

The insurer RSA saw a 13 per cent plunge in sales in Ireland in the opening three months of the year.

Net premiums written declined to £52 million (€71.4 million) but the entire drop was down to declining sales of personal insurance, which fell 19 per cent when currency effects were taken into account. Commercial insurance sales were unchanged.

The company said its losses had declined after losses of nearly €150 million in Ireland in 2014. It said these...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post