Insurance Ireland

Technology exists to tackle problem which drives up premiums but solution hangs on clean data being shared

Company also has issue with commission payments

Inside Business podcast: We also look at new reports from Enterprise Ireland and Bord Bia.

OUTsurance would be first new entry to Irish market in a decade

Income threshold and age limits are contentious, and there is confusion over maternity breaks, fund drawdown and taxation in the event of early death

Business Today: the best news, analysis and comment from The Irish Times business desk

Motor premiums have been coming down consistently since 2016 but liability and commercial property remains a challenge

Inside Business podcast:

Industry group suggests premiums now about a quarter below their peak

Consumers may lose cover if direct debits lapse

Sean Fleming tells sector that reforms it has sought have been delivered

In the case of most defects if the contractor who built the apartment block has gone under, no insurance policy is in place.

Industry says it is at a loss to understand how new pension structures do not comply with rules

Industry group commits to giving outside companies fair access to a claims database it administers

Alliance survey shows premiums have risen by 16% since new judicial guidelines for damage claims were introduced

Despite new rules, policies will remain cheapest for those who shop around

PwC report highlights effect of business interruption and other fears in sector

Commission investigating whether Insurance Ireland has been operating a cartel

Insurance Ireland says €62m in claims have been paid out to customers to date

Changes on claims aimed at cutting insurance costs to come into force later this month

Workers should not allow themselves to suffer in silence, employee wellness expert says

Insurance Ireland says firms have signed up to a range of measures to help people

Doctors with contractual rights can continue to see non-Covid-19 fee-paying patients

Covid-19 ‘presents a new uncertainty for 2020’, says UK group

Average legal costs from litigated settlements over four years top €23,000

Regulator criticises firms for being unprepared, and warns on technology and climate

Industry lobby group chief steps back into corporate role

Figure 10 times as high as number a decade ago despite decline from 2016 peak

Commission looking into claims firms acting like cartel to maintain advantage over others

Proposal a “sea change” in tackling fraud claims, insurance industry says

Florian Wimber appointed as head of European affairs and international insurance

Oireachtas committee on cost of doing business hears of firms being driven to closure

Private Hospitals’ Association says State must take wider view of health assets

Some London-based insurers signalling they may transfer their businesses to Ireland

Anyone denied quote by three motor insurers must be offered cover on fourth attempt

European Court of Justice rules on paying VAT on outsourced insurance business

Government supports use of demountable barriers despite criticism from insurers

New figures show massive drop in premiums between 2003 and 2013

Paul Mercieca will be responsible for the administration of the company’s assets and liabilities