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RSA Insurance exits UK private motor market

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By John Healy of Healy Insurances

RSA Insurance has announced it will exit the UK personal lines car insurance market over the next year, with a sale arranged to rival insurer, Swinton.

RSA Insurance was formed through the merger of Sun Alliance and Royal Insurance in 1996 and was acquired by Canadian multinational, Intact Financial Corporation in November 2021. RSA said the motor market in the UK remained competitive yet “requires significant scale to drive meaningful outperformance”.

The RSA motor business in the UK represents about £120 million of annual premium but the 'Insurance Times' reported that the RSA’s private motor segment was operating at a loss, meaning the lost premium does not represent an operating loss to the business.

“When we completed the acquisition of RSA, we were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland," Charles Brindamour, CEO of the Intact Financial Corp, said. "[The] announcement represents a further step in delivering against our strategic roadmap to optimise our footprint around Personal Lines, Home and Pet, and our Commercial and Speciality lines businesses.”

Car premiums in the UK have increased by 21.1% from February 2021 to February 2022. Market sources concluded that inflation and supply chain disruption are pushing up the costs insurers face in fixing and replacing vehicles. The average annual car insurance premium in the UK is £929 which rises considerably in London to £1,419.

At the time of writing, it has just been announced that RSA are also exiting commercial mini fleet insurance in the UK from June 1, 2023.

RSA have not made any comment on their Irish operations. In the Republic of Ireland, RSA Insurance offer car insurance products via Insurance Brokers and Bank of Ireland. RSA also own 123.ie.

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Unique reflexology class welcomes four sets of twins

A highly unusual baby reflexology class is currently underway at the Killarney Sports & Leisure Centre, featuring four sets of twins. The four-week course, which commenced this week marks a […]

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A highly unusual baby reflexology class is currently underway at the Killarney Sports & Leisure Centre, featuring four sets of twins.

The four-week course, which commenced this week marks a rare occasion for the town as it is the first baby reflexology class in eight years to be made up entirely of twins.

Run by Una O’Donoghue of Reflexology Killarney, the weekly sessions are designed to provide a relaxed, social environment where new parents can connect with one another. Throughout the course, local mothers learn gentle reflexology techniques aimed at promoting bonding and supporting infants experiencing common issues like digestion difficulties and disrupted sleep.
Among those taking part in the unique July sessions are mothers Áine Cahill with her twins Páidí and Éabha, Tracey Cremin with her twins April and Noah, Miranda O’Shea with her twins Nora and Hailey, and Eileen Cooper with her twins Caoimhe and Odhran. The classes will continue at the Killarney Sports & Leisure Centre through mid-July.

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Musical Society announces production team for 2027 show ‘Sister Act’

Killarney Musical Society has officially unveiled its star-studded production team for its highly anticipated spring 2027 staging of the hit musical Sister Act. The production will run from March 20 […]

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Killarney Musical Society has officially unveiled its star-studded production team for its highly anticipated spring 2027 staging of the hit musical Sister Act.

The production will run from March 20 to 4 next year at the Gleneagle Arena, with details regarding upcoming auditions and ticket sales expected to be announced shortly.
Award-winning director Oliver Hurley, owner of the Oliver Hurley School of Musical Theatre, returns to take the helm for what will be his 16th production with the society.
Joining the team for the first time is choreographer Barbara Meany, who was recently awarded Best Choreographer (Gilbert Section) at the prestigious Association of Irish Musical Societies (AIMS) awards.
Returning to lead the musical department is Jimmy Brockie, marking his fourth show as Musical Director for the society. Brockie will collaborate with a full live orchestra every night. Working alongside him is Sorcha O’Connor, who returns as Choral Mistress to rehearse and develop the vocal performances of the cast.
Newly appointed Public Relations Officer (PRO) for Killarney Musical Society, Lisa Campbell said:
“With such a talented production team secured, everyone at Killarney Musical Society is incredibly excited to begin work on Sister Act. We are looking forward to bringing this uplifting, hilarious, and high-energy show to local audiences at the Gleneagle Arena in March 2027.”

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