Government calling insurance firms on cost of premiums The chief executives of the major insurance companies will be contacted by Government today and will be pressed to reduce the cost of premiums following ... Business • 11 hrs
Actions needed to reduce insurance costs - NCC The National Competitiveness Council has said key actions must be taken to reduce costs in the Irish liability insurance market, including bringing personal injury award ... Business • 25 Feb
Oireachtas committee wants personal injury awards cut An Oireachtas committee has called on judges to dramatically reduce the level of minor personal injury awards when they meet this weekend to consider the ... Business • 17 Feb
Criticism of bill on dual pricing in insurance industry A bill to restrict the practice of differential pricing by insurance companies has been criticised by Government for failing to acknowledge the positive effects of ... Ireland • 17 Feb
EU watchdog says super regulator for insurers overdue Regulating insurers in the European Union should be removed from member states and handed to a powerful bloc-wide body that can push through reform such ... Business • 04 Feb
UK court hands firms victory in Covid insurance ruling The UK Supreme Court has ruled today that thousands of businesses should be insured for some losses amassed after a national lockdown to curb the ... Business • 15 Jan
Key actions required to ensure insurance reform The Alliance for Insurance Reform has said the insurance crisis can be sorted in 2021 if key actions are completed. Business • 04 Jan
Sinn Féin publish legislation to ban dual pricing Sinn Féin has today published legislation that it says will ban dual pricing from the insurance market and empower the Central Bank, courts and Financial ... Business • 18 Dec 20
Central Bank finds insurers penalise loyal customers The Central Bank has found that a majority of insurers are using a controversial practice known as differential pricing in calculating how much customers premiums ... Business • 14 Dec 20
Warning to be alert to insurance broker fraudsters Customers seeking insurance cover have been warned to be alert to the risks posed by fraudsters posing as legitimate brokers. Ireland • 30 Nov 20
CSO ends project tracking cost of business insurance The Central Statistics Office has confirmed that it will not be continuing with a project to track the cost of insurance for businesses and voluntary ... Business • 12 Nov 20
RSA says underwriting profit strongly higher in 2020 England's second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions, its chief executive said today ... Business • 05 Nov 20
Judgment on pubs' action against FBD due in early 2021 Judgment will be given on four important test cases brought by pub owners over FBD Insurance's refusal to pay out on business disruption over the ... Courts • 23 Oct 20
FBD exec tells court he made mistake on pub Covid cover An executive with FBD insurance has told the High Court that he was in error when he told a publican that its business disruption policy ... Business • 14 Oct 20
FBD case - court hears of Covid impact on pub trade A director of a group that owns several pubs has told the High Court that the situation in the industry has become far worse in ... Business • 09 Oct 20
Report on capping damages in personal injuries welcomed Law Reform Commissioner Raymond Byrne has said that a new report on capping personal injury damages recommends two models where it would be constitutionally permissible ... Insurance • 30 Sep 20
SF to bring forward legislation to outlaw dual pricing Sinn Féin says it is to bring forward legislation that would outlaw the practice of dual or differential pricing in the insurance market. Ireland • 22 Sep 20
Cost of motoring falls due to cheaper fuel prices The average cost of running a family car fell to €10,386, according to the AA's annual survey of motoring costs, down €207.26 on last year. Business • 27 Jul 20
Brothers appear in court charged with staging collision Two brothers have been before Limerick Circuit court charged in connection with staging a road traffic collision in order to claim compensation. Courts • 15 Jul 20
FBD puts aside €22m to cover potential court case costs Insurer FBD Holdings has said it has put €22m aside to cover costs that may be incurred arising from all court cases involving pubs that ... Business • 24 Jun 20
French restaurant ruling puts claims on global menu AXA said today it would meet the bulk of claims from some restaurant owners after a Paris court ruled last week the French insurer should ... Business • 26 May 20
Pubs take legal action against FBD over Covid insurance Over 1,000 pubs and bars are affected by a dispute about whether or not their insurance policies with FBD Insurance Plc cover the disruptive impact ... Business • 25 May 20
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
Lloyd's of London expects Covid-19 claims to match 9/11 Lloyd's of London is likely to pay out $3-4.3 billion in insurance claims related to the coronavirus pandemic, similar to losses from the 9/11 attacks, ... Business • 14 May 20
Allianz Q1 net profit drops 29% due to Covid-19 hit German insurer Allianz has today posted a 29% fall in net profit in the first quarter from a year earlier as the coronavirus outbreak slows ... Business • 12 May 20
