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Former RSA Ireland chief executive given 13-year industry ban

By 2025-12-17T09:00:00

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‘Where senior executives break the rules and put policyholders at risk, they will be held accountable,’ says Central Bank of Ireland statement

The Central Bank of Ireland has disqualified former RSA Insurance Ireland chief executive Philip Smith for 13 years after he admitted participating in a breach of financial services law linked to the under-reserving of large loss claims.

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