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Insurance industry

Central Bank ‘will intervene’ in the event of unfair practices in insurance industry

Derville Rowland said the financial regulator was monitoring insurance providers ‘closely’ with regards to business interruption insurance and loyalty penalties
  • Eva Short
  • September 29, 2021

Central Bank plans to ban ‘loyalty penalties’ for car and home insurance

Customers who stay with a private home insurance provider long-term pay almost a third more for their premiums, analysis by the regulator has found
  • Eva Short
  • July 21, 2021

How I manage: ‘I don’t fight battles I know I can’t win. You need to focus on change that is achievable’

Open communication works wonders when it comes to resolving issues quickly and efficiently, according to Allianz Partners’ Roland Hesse
  • Roland Hesse
  • December 20, 2020

O’Leary sells insurance business to US firm Brown & Brown

The Business Post understands the transaction is worth in the region of €100 million
  • Peter O'Dwyer
  • December 16, 2020

Varadkar and Donohoe weigh in to push insurance sector reform

A heavyweight government group has announced its plan to tackle fraud by placing perjury on a statutory footing, strengthening the PIAB and establishing a government office to encourage insurance market competition
  • Peter O'Dwyer
  • December 13, 2020

Irish insurers not ‘unique’ in giving rebates to motorists

Insurance Ireland boss Moyagh Murdock made the inaccurate claim in spite of several other European insurers also offering refunds due to Covid-19
  • Peter O'Dwyer
  • December 13, 2020

Varadkar launches action plan to tackle high cost of insurance

Government’s 66-point plan includes new personal injury award guidelines and efforts to fight fraud as campaigners say reform has progressed at ‘a snail’s pace’
  • Peter O'Dwyer
  • December 8, 2020

Insurers are ‘acutely aware of their obligations’, says industry chief

Insurance Ireland’s Moyagh Murdock says member companies are paying out on business interruption claims ‘where they are warranted’
  • Peter O'Dwyer
  • November 25, 2020

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