Vhi reports higher revenues and membership for 2020 Vhi has reported a net surplus - after tax - of €52.7m for its consolidated business activities for 2020, up from €45.1m in 2019. Business • 30 Jun 21
Aviva estimates £160m in Covid-19 claims Insurer Aviva has today posted a sharp rise in first-quarter new sales in its life business, boosted by bulk annuities, but estimated it would see … Business • 21 May 20
Most motor insurers agree to refunds amid virus crisis A number of insurers here have agreed to discount premiums or give refunds to motor customers in recognition of an expected reduction in the volume … Business • 24 Apr 20
Motor premiums rise 42% despite cost of claims falling Average motor insurance premiums here rose 42% here between 2009 and 2018, despite a decrease of 2.5% in the average cost of claims per policy … Business • 16 Dec 19
FBD Holdings doubles profits in first half of 2019 FBD Holdings recorded a pre-tax profit of €39m in the first six months of 2019, up from €18.4m in 2018, the group's half year results … Business • 01 Aug 19
Central Bank fines RSA Insurance Ireland €3.5m The Central Bank has fined RSA Insurance Ireland DAC €3.5m for regulatory breaches relating to large loss claims and accounting irregularities from 2009 to October … Business • 20 Dec 18
Insurance firms 'fair' on claims - Central Bank New research from the Central Bank shows that 74% of motor insurance claimants said the claims process is carried out "fairly" by the insurance company. Business • 28 Feb 17
Injuries board disputes reason for insurance hikes The State's injuries board has disputed claims by the motor insurance industry that escalating motor accident compensation awards are adding to the costs of policies. Business • 05 Oct 16
Uninsured, untraced driver claims rise 17% - MIBI Between January and July the number of motor claims involving uninsured or untraced drivers shot up by 17%, according to new figures from the Motor … Business • 29 Aug 16
Over 3,000 claims since Lowcostholidays collapse More than 3,000 booking refund claims have been made by customers of travel provider Lowcostholidays since its collapse last month, according to the Commission for … Business • 22 Aug 16
FBD says industry continues to be loss making Insurance group FBD Holdings has said that - as expected - insurance rates have continued to increase into 2016. Business • 29 Apr 16
Insurance industry to be loss making in 2015 - FBD FBD Holdings has said it has seen a 9.2% decline in policy volumes in the year to date, which has been offset by a 9.1% … Business • 16 Nov 15
Motor insurance report shows rising claim costs New figures on motor insurance from the Central Bank show that average premiums declined sharply by 47% and 48% for comprehensive and third party, fire … Business • 23 Oct 15
Increase in new insurance claims this year The Injuries Board has said there has been a 7% increase in new insurance claims for the first six months of the year. News • 09 Sep 15
FBD Holdings' shares slump as it posts 2014 loss Shares in insurer FBD Holdings slumped in Dublin trade after it said that 2014 was the worst year for weather-related claims in its history. Business • 03 Mar 15
NTMA to work on ISIF investment strategy The National Treasury Management Agency has said its priority for early this year is to finalise an investment strategy to underpin the Ireland Strategic Investment … Business • 08 Jan 15
FBD cuts its forecasts for full year earnings FBD Holdings has increased its estimate of the cost of claims resulting from flooding and other weather related damage from last winter by €4m to … Business • 20 Jun 14
75,000 drivers at risk as insurance firm collapses Up to 75,000 van and car drivers are being advised by the Central Bank to purchase a new motor insurance policy immediately following the collapse … Business • 17 Apr 14
US jobless claims see unexpected fall The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, a hopeful sign for the country’s labour market recovery. Business • 05 Dec 13
FBD reaffirms full year earnings guidance Insurer FBD has reaffirmed its guidance of full year operating earnings per share in the range of 145 to 155 cent. Business • 19 Nov 13
RSA reviewing reserves it uses to pay claims here One of Ireland's largest insurance companies has said it will have to set aside more money to meet motor insurance claims in a move which … Business • 06 Nov 13
Insurance firms warned over flood-related claims Insurance companies have been told to review their policies relating to water damage claims following an inspection by the Central Bank. Business • 24 Oct 13
BP wins legal reprieve on Gulf of Mexico claims BP has won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill … Business • 03 Oct 13
BP warns over spurious spill claims BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk. Business • 16 May 13
FBD says trading in line with expectations Insurance group FBD Holdings has said that its profit before tax so far this year is in line with market expectations, and is being helped … Business • 15 May 13
