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The cost of motor insurance is still around a fifth lower than the peak in 2017 but has been steadily rising since 2022

Motor insurance costs up 9% in first half of last year

The average cost of a motor insurance policy increased by 9% (€49) during the first half of last year, when compared with the first six months in 2023.

Business • 07 May

The National Claims Information Database report said 68% of settlements were made through litigation in 2023

68% of settlements made through litigation - report

Most injury insurance claims are settled through litigation as opposed to the State's Injuries Resolution Board, a new report by the Central Bank has found.

Business • 20 Mar

Motor insurers made combined operating profits of €105m

Motor insurance premiums rose 2% last year - Central Bank

The average premium paid by consumers for motor insurance in Ireland last year rose 2% to €568, the first increase in five years.

Business • 24 Oct 24

Settled claims costs jumped 20%, today's Central Bank report shows

Motor insurance costs rose slightly in first half of 2023

Average motor insurance premiums rose marginally in the first half of last year, compared to the year before, new data from the Central Bank has shown.

Business • 02 Jul 24

New personal injuries guidelines were published by the Judicial Council in 2021 to replace the Book of Quantum

Premiums increase despite injury claim settlement drop

The average cost of settling public and employer liability claims through the Injuries Resolution Board dropped by a third in 2022 compared to 2020, according to a new report.

Business • 04 Apr 24

The Central Bank has today published the mid-year report of the National Claims Information Database

Cost of settling liability claims down 12% in H1

The total cost of settled personal injury claims made under personal and employers' liability insurance policies during the first half of the year was 12% below the pre-Covid average, new data released by the Central Bank of Ireland shows.

Central Bank • 13 Jul 23

Compared to 2009, the average earned premium last year was 23% higher

Profits at motor insurers rose to record €176m in 2021

Motor insurers here saw their combined operating profits increase to a record level for the fifth straight year in a row last year, as lower levels of activity on the roads due to the pandemic led to fewer claims.

Business • 15 Nov 22

The report from the Central Bank will form part of the National Claims Information Database

Insurance report shows wide disparity in legal costs

The Central Bank has published data on employers' liability, public liability and commercial property insurance for the first time.

Business • 14 Jul 21

The data underpinned the first National Claims Information Database report published last year

Legal costs in settling motor injury cases rose 22%

The legal costs involved in settling motor insurance injury settlements through litigation rose nearly 22% between 2015 and 2018 according to new data released by the Central Bank today.

Business • 02 Mar 20

The cost of motor insurance claims increased by 64% between 2009 and 2018, new Central Bank research shows

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 over the same period, new data has revealed.

Business • 16 Dec 19

National Claims Information Database