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RSA Insurance sacks two executives at Irish division for cash scandal

January 10, 2014 - 6:00am


RSA Insurance Group P.L.C. has fired two top executives in its Irish division after an independent investigation by PricewaterhouseCoopers L.L.P. found "inappropriate collaboration" between the managers that led to a £200 million ($328.9 million) hole in its finances.

The sacked employees include finance chief Rory O'Connor and claims director Peter Burke, Sky News reported.

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