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Former RSA Insurance CEO disqualified for 13 years

Philip Smith admitted to under-reserving 17 large loss claims which risked RSA Insurance Ireland's ability to pay claims, leading to a 13-year disqualification by the Central Bank.

Summary by RTÉ
Philip Smith, the former chief executive and executive director of RSA Insurance Ireland, has been disqualified for 13 years by the Central Bank for his admitted participation in a breach of financial services law by the company.

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RTÉ broke the news in Ireland on Friday, December 12, 2025.
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