Thursday September 24, 2020

The Week: This week under the spotlight

Newsmaker: Stephen Hester, chief executive of RSA

11th May, 2014

Stephen Hester has long known it was coming, but last week RSA’s new chief executive laid out the legacy of accounting irregularities at its Irish operation in black and white. The numbers proved stark reading.

RSA, Britain’s largest general insurer, which operates the 123.ie brand in Ireland, said net premium income at its Irish arm dropped by 24 per cent over the first three months of the year, as the company saw £75...

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