Editorial: State must play a more active role in insurance reform
Insurance Ireland was found to have broken EU competition rules, and its delay in acting on these finding leaves room for more concern
Four years ago, dozens of officers from the EU Commission’s competition watchdog descended on Dublin.
In a series of dawn raids on July 4, 2017, officials called to the offices of insurance companies along with Insurance Ireland, the industry’s lobby group, to carry out unannounced inspections.
They were there to investigate concerns that EU antitrust rules designed to prohibit cartels, head off restrictive business practices and avoid any abuse of a dominant position within the ...