Insurance Special: Why are we all taking a bath on our insurance?

Premiums should have been higher in the past, but weren’t, because of poor business decisions made by fee-hungry insurance companies

18th September, 2016

Why are non-life insurance premiums rising so much faster than the cost of other services? Premiums have risen 60 per cent since autumn 2014, reducing the disposable incomes of many households in the state, at a time when rental costs have never been higher, and the cost of education and health services has risen markedly, too. The sheer scale of the price increases has provoked a public outcry. Oireachtas hearings are ongoing, and an investigation...

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