45 sectors of the economy struggling to get insurance Up to 45 sectors and sub-sectors of the economy are struggling to get insurance cover for their activities, or are limited to just a single underwriter. Business • 26 Aug 22
45 sectors of the economy struggling to get insurance Up to 45 sectors and sub-sectors of the economy are struggling to get insurance cover for their activities, or are limited to just a single underwriter. Business • 26 Aug 22
Three Rock Group buys Dublin broker Chrome Insurance Three Rock Group, the private equity backed vehicle that owns Chill Insurance, Quote Devil and Ivernia, has bought Dublin based broker, Chrome Insurance. Business • 15 Aug 22
Three Rock Group buys Dublin broker Chrome Insurance Three Rock Group, the private equity backed vehicle that owns Chill Insurance, Quote Devil and Ivernia, has bought Dublin based broker, Chrome Insurance. Business • 15 Aug 22
Zurich reports 25% jump in H1 operating profit Zurich has today reported a better-than-expected 25% rise in operating profit to $3.39 billion in the first half, with both its property and casualty and its life businesses outperforming. Business • 11 Aug 22
Zurich reports 25% jump in H1 operating profit Zurich has today reported a better-than-expected 25% rise in operating profit to $3.39 billion in the first half, with both its property and casualty and its life businesses outperforming. Business • 11 Aug 22
Aviva Ireland's half year operating profit falls Aviva said today that its general insurance business in Ireland performed positively in a more challenging market in the first half of 2022. Business • 10 Aug 22
Aviva Ireland's half year operating profit falls Aviva said today that its general insurance business in Ireland performed positively in a more challenging market in the first half of 2022. Business • 10 Aug 22
Natural disaster losses hit $72 billion in H1 Total economic losses caused by natural disasters hit an estimated $72 billion in the first half of 2022, fuelled by storms and floods, Swiss reinsurance giant Swiss Re estimates. Business • 02 Aug 22
Natural disaster losses hit $72 billion in H1 Total economic losses caused by natural disasters hit an estimated $72 billion in the first half of 2022, fuelled by storms and floods, Swiss reinsurance giant Swiss Re estimates. Business • 02 Aug 22
Practice of insurance 'price-walking' banned today New Central Bank rules have come into effect today which will ban the practice of so-called "price-walking". Business • 01 Jul 22
Practice of insurance 'price-walking' banned today New Central Bank rules have come into effect today which will ban the practice of so-called "price-walking". Business • 01 Jul 22
EU accepts Insurance Ireland's concessions EU competition enforcers have today accepted an offer from Insurance Ireland to open up its data sharing platform to non-members and apply fair criteria to access it aimed at averting a possible hefty fine. Business • 30 Jun 22
EU accepts Insurance Ireland's concessions EU competition enforcers have today accepted an offer from Insurance Ireland to open up its data sharing platform to non-members and apply fair criteria to access it aimed at averting a possible hefty fine. Business • 30 Jun 22
Gallagher expands into Ireland with deal for INNOVU MML Growth Capital Partners Ireland has agreed a deal to sell INNOVU Insurance to Gallagher, the global insurance broker, risk management and consulting firm, for an undisclosed sum. Business • 24 Jun 22
Gallagher expands into Ireland with deal for INNOVU MML Growth Capital Partners Ireland has agreed a deal to sell INNOVU Insurance to Gallagher, the global insurance broker, risk management and consulting firm, for an undisclosed sum. Business • 24 Jun 22
Cheaper and faster to use PIAB for claims: Central Bank A new Central Bank report on Employers Liability, Public Liability and Commercial Property insurance shows that where claims go to litigation, the add-on legal costs are 16 times greater than those to use the Personal Injuries Assessment Board process. Business • 22 Jun 22
Cheaper and faster to use PIAB for claims: Central Bank A new Central Bank report on Employers Liability, Public Liability and Commercial Property insurance shows that where claims go to litigation, the add-on legal costs are 16 times greater than those to use the Personal Injuries Assessment Board process. Business • 22 Jun 22
Court rejects second challenge to injury guidelines The Personal Injuries Assessment Board (PIAB) has welcomed a judgement from the High Court which rejected a challenge to personal injuries guidelines introduced in April of last year that substantially reduced the level of awards for certain injuries. Business • 17 Jun 22
Court rejects second challenge to injury guidelines The Personal Injuries Assessment Board (PIAB) has welcomed a judgement from the High Court which rejected a challenge to personal injuries guidelines introduced in April of last year that substantially reduced the level of awards for certain injuries. Business • 17 Jun 22
Insurers 'concerned' about regulatory environment The chief executive of the insurance industry's representative body has said there are genuine concerns about the sustainability of Ireland's regulatory environment. Business • 16 Jun 22
Insurers 'concerned' about regulatory environment The chief executive of the insurance industry's representative body has said there are genuine concerns about the sustainability of Ireland's regulatory environment. Business • 16 Jun 22
Inflation 'likely to lead to rise in home insurance' An Oireachtas committee has heard that inflation is likely to lead to a rise in home insurance premiums. Ireland • 25 May 22
Inflation 'likely to lead to rise in home insurance' An Oireachtas committee has heard that inflation is likely to lead to a rise in home insurance premiums. Ireland • 25 May 22
Cabinet approves changes to law on duty of care The Cabinet has approved proposed amendments to the legislation underpinning the issue of duty of care. Ireland • 18 May 22
Cabinet approves changes to law on duty of care The Cabinet has approved proposed amendments to the legislation underpinning the issue of duty of care. Ireland • 18 May 22
High insurance costs still a problem for businesses A new survey has found that the cost of liability insurance renewals has risen by 16% in the 12 months since new judicial guidelines on personal injuries have been implemented. Business • 21 Apr 22
High insurance costs still a problem for businesses A new survey has found that the cost of liability insurance renewals has risen by 16% in the 12 months since new judicial guidelines on personal injuries have been implemented. Business • 21 Apr 22
Q&A: Do I need travel insurance for my holiday? With people starting to travel abroad again in great numbers and Covid-19 still very much present, the question of travel insurance is once again top of mind for many. Business • 14 Apr 22
Q&A: Do I need travel insurance for my holiday? With people starting to travel abroad again in great numbers and Covid-19 still very much present, the question of travel insurance is once again top of mind for many. Business • 14 Apr 22
US-based NFP buys Dublin's ReSure Corporate Brokers US headquartered insurance broker NFP has bought Dublin-based ReSure Corporate Brokers, a specialist commercial insurance broker, for an undisclosed sum. Business • 11 Apr 22
US-based NFP buys Dublin's ReSure Corporate Brokers US headquartered insurance broker NFP has bought Dublin-based ReSure Corporate Brokers, a specialist commercial insurance broker, for an undisclosed sum. Business • 11 Apr 22
Banking and customer service dominate FSPO complaints More than half of all the complaints lodged with the Financial Services and Pensions Ombudsman (FSPO) last year were about banking, with customer service issues the main driver. Business • 28 Mar 22
Banking and customer service dominate FSPO complaints More than half of all the complaints lodged with the Financial Services and Pensions Ombudsman (FSPO) last year were about banking, with customer service issues the main driver. Business • 28 Mar 22
New Central Bank rules on insurance loyalty from July 1 New rules aimed at ensuring motor and home insurance customers do not get penalised for their loyalty are to come into effect from July 1. Business • 15 Mar 22
New Central Bank rules on insurance loyalty from July 1 New rules aimed at ensuring motor and home insurance customers do not get penalised for their loyalty are to come into effect from July 1. Business • 15 Mar 22
Awards for personal injuries have fallen 50% - Tánaiste Average awards for personal injuries have fallen by 50% since revised guidelines on the calculation of the awards were introduced, the Tanaiste has said. Business • 01 Mar 22
Awards for personal injuries have fallen 50% - Tánaiste Average awards for personal injuries have fallen by 50% since revised guidelines on the calculation of the awards were introduced, the Tanaiste has said. Business • 01 Mar 22
NCCN becomes member of Alliance for Insurance Reform The National Community Care Network (NCCN) has become the latest member of the Alliance for Insurance Reform. Business • 07 Feb 22
NCCN becomes member of Alliance for Insurance Reform The National Community Care Network (NCCN) has become the latest member of the Alliance for Insurance Reform. Business • 07 Feb 22
58% of consumers experienced dual pricing - survey A new survey shows that 58% of people in Ireland said they had experienced "dual pricing" on various insurance products. Business • 14 Dec 21
58% of consumers experienced dual pricing - survey A new survey shows that 58% of people in Ireland said they had experienced "dual pricing" on various insurance products. Business • 14 Dec 21
Insurtech platform nSurely raises €535,000 in funding Irish insurance tech firm nSurely has raised €535,000 in early stage funding. Business • 06 Dec 21
Insurtech platform nSurely raises €535,000 in funding Irish insurance tech firm nSurely has raised €535,000 in early stage funding. Business • 06 Dec 21
UK based PIB Group buys Irish insurance broker Campion One of the country's largest insurance brokers, Campion, has been sold to the London based PIB Group. Business • 08 Nov 21
UK based PIB Group buys Irish insurance broker Campion One of the country's largest insurance brokers, Campion, has been sold to the London based PIB Group. Business • 08 Nov 21
Business insurance costs up 15% despite reform - survey The cost of insurance for businesses and voluntary groups continues to rise despite reductions in the value of certain personal injury awards introduced earlier this year, a new survey has found. Business • 19 Oct 21
Business insurance costs up 15% despite reform - survey The cost of insurance for businesses and voluntary groups continues to rise despite reductions in the value of certain personal injury awards introduced earlier this year, a new survey has found. Business • 19 Oct 21
INNOVU Group buys Cullen Insurances The INNOVU insurance group has today announced a deal to buy the business of William Cullen & Sons. Business • 04 Oct 21
INNOVU Group buys Cullen Insurances The INNOVU insurance group has today announced a deal to buy the business of William Cullen & Sons. Business • 04 Oct 21
