Ulster Bank tops Financial Ombudsman complaints list Ulster Bank Ireland had more complaints against it upheld by the Financial Services and Pensions Ombudsman (FSPO) last year than any other financial services provider. Business • 30 Mar 21
Central Bank boss warns insurance firms on claims The Governor of the Central Bank, Gabriel Makhlouf, has sent a strong message to insurance companies involved in disputes with customers over business disruption policies. Business • 11 Feb 21
Alleged anti-competitive cooperation in insurance firms An investigation by the Competition and Consumer Protection Commission has found that five insurance companies, an insurance industry trade association and an insurance broker allegedly … Business • 17 Sep 20
EU tells insurers to suspend dividends, scrap bonuses Insurers and reinsurers in the European Union should temporarily suspend dividends and share buybacks, the bloc's insurance regulator has said. Business • 03 Apr 20
Central Bank seeks assurance on Covid-19 claims The Central Bank is to write to the insurance industry setting out how it expects insurance firms to handle the settlement of claims arising from … Business • 26 Mar 20
Some insurance firms ave not sorted status post Brexit Twelve insurance firms, which are based in the UK or Gibraltar but selling into Ireland, have still to sort out their regulatory status in the … Business • 02 Apr 19
Ombudsman criticises banks for denial of some services Banks and insurance companies have been criticised by Financial Services Ombudsman Ger Deering for denying services to consumers. Business • 31 Mar 17
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