One of Ireland’s largest insurers Royal and Sun Alliance has suspended three of it’s top executives following a €83 million gap found in the group accounts. This comes after a routine internal audit triggered a profit warning and as a result shares in the insurer dropped over 15%. RSA have appointed PricewaterhouseCoopers to carry out a review of the Irish operation and the Central Bank confirmed that there seems to be a “regulatory issue”. The suspension comes days after the insurer admitted to increasing motor insurance premiums in Ireland by 13% over the last year.
At Paddy Compare you can compare cheap car insurance from providers across Ireland in one go. You could be saving on your motor insurance in minutes. It doesn’t matter if you live in Dublin or Galway, our trusted partners provide car insurance cover nationwide and for any vehicle make to. So save time and money and compare car insurance with Paddy Compare today.