Insurance prices expected to rise

Forecasts show rising insurance premiums across the board over the coming year, Mr Diarmuid Kelly, chief executive of the Professional…

Forecasts show rising insurance premiums across the board over the coming year, Mr Diarmuid Kelly, chief executive of the Professional Insurance Brokers Association, said yesterday.

In the fall-out from the terrorist attacks in the US on September 11th, insurers are under pressure to pay massive bills and will almost certainly result in increased premiums, he said.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective