It’s emerged that the Central Bank had concerns about R-S-A Insurance for some time. It's understood that it was queries earlier this year from the bank that prompted RSA to launch an internal investigation.

The bank was concerned about how quickly RSA, which owns the 1-2-3 dot ie brand, was growing. It's led to the suspension of its three top executives and for its parent company to shore it up with a 100 million euro cash injection. RSA and the Central Bank are also reviewing the level of claims reserves needed.

The company said it is too soon to estimate the financial impact of the review. Our Business Editor, Ian Guider has the details.