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News/ Press Release

Grading of whiplash welcome in first Personal Injuries Commission Report but next phase on award levels is critical – Insurance Ireland

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Insurance Ireland Launches Diversity & Inclusion Report as an Industry Guide on Best Practice

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Insurance Ireland Statement – Safety First - Motor and Home Insurance Policies

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Insurance Ireland PwC Survey highlights Emerging Technologies a key source for disruption and innovation; Regulation a key concern

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Insurance Ireland Welcomes Taoiseach’s Plan for an Auto-enrolment Pension Scheme

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Give Middle Income Savers and Investors an Even Break by Reducing the Exit Tax on Life Assurance Policies – Insurance Ireland

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Insurance Ireland Welcomes XL Catlin Decision to Relocate UK Subsidiary to Dublin

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Important Notice From Insurance Ireland - Flood Damage

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Insurance Ireland Intern -Colm Layton

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Average Circuit Court personal injury award increases by 48% from 2013-2016 – Insurance Ireland

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Three Official Reports Highlight the Rising Cost of Claims in Motor Insurance and Underscore the Need to Tackle Costs – Insurance Ireland

• 23% increase in total motor claims paid from 2011-2016 - Dept. of Finance report • 50% increase in the amount paid in awards by the PIAB from 2011-2016 (from €209.83m to €315.13m – this is for all injury awards) • 7% increase, from €22,091 in 2013 to €23,634 in 2016, in the average compensation per motor injury claim - Dept. of Finance report • €42,400 in legal & other costs paid on an award of €100,000 - Dept. of Finance report • Claims costs increase over time if a claim is not settled – Central Bank of Ireland report

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Insurance Ireland concerned Personal Injuries Assessment Board (Amendment) Bill will not take costs out of the claims settlement system

Kevin Thompson “This Bill is an important opportunity to reduce claims costs and it should not be missed”

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Insurance Ireland & Its Members Supporting the Pride Festival 2017

Insurance Ireland & Its Members Supporting the Pride Festival 2017

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European Insurance Forum focuses on Brexit, regulation and Ireland as a location for insurance business

• Keynote address was from economist and commentator Paul Mason on geopolitical risks & their relevance to business • Conference promoted Ireland as a location for insurance & Insurance Ireland’s proposal for ‘fast-track’ regulatory approval for UK insurers

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Insurance Ireland is delighted to have won an ICAD Bell Award

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Insurance Ireland Calls for Regulatory ‘Grandfathering’ of UK Regulated Insurers Looking to Locate in Ireland

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Insurance Ireland reiterates its call for an urgent review to identify the key lessons for Ireland from the expected Lloyd’s announcement

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Insurance Ireland Marks International Women’s Day 2017

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78% of Irish Adults Say It’s Unacceptable for Health Insurance Holders to Pay Twice for Treatment in Public Hospitals

- Customers paying twice, once through their taxes and again through insurance, amounts to “Double Taxation” – Insurance Ireland calling for policy review - 62% Unaware that private patients can be charged over ten times the public rate for the same treatment according to research by Insurance Ireland

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Insurance Ireland Launches Year of Diversity and Inclusion with Launch Event Hosted with The 30% Club

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Government Report Provides a Framework for Addressing Embedded Claims Costs – Insurance Ireland

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Insurance Ireland's Charity of Choice 2017

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Insurance Ireland and DIMA to Merge to Be a Unified Voice for Insurance and Reinsurance in Ireland

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Statement by Insurance Ireland – November 24th

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Insurance Ireland statement in response to comments made by the President of the Law Society

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Insurance Ireland today welcomes the publication of the emerging recommendations by the Minister of State Eoghan Murphy TD.

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Insurance Ireland calls for a Fair Deal for middle income savers and investors through reform of the Life Levy and Life Assurance Exit Tax

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New Book of Quantum a First Step in Bringing Consistency to Awards but More Action Needed

Insurance Ireland has stated it is hopeful the new Book of Quantum can bring consistency to awards but cautioned that more policy responses are needed to address the high cost of claims.

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Major survey finds Irish insurance leaders going for growth and innovation despite challenging market conditions

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Insurance Ireland Statement on the IMF report on the Irish Insurance Sector - September 29th

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Insurance Ireland Statement - September 13th

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Insurance Ireland Launches Road map for A Universal Pension to Help 600,000 Workers Plan for Retirement

• “This is the first road map for a universal pension in Ireland and it can dramatically increase pension coverage for Irish workers” Kevin Thompson, CEO of Insurance Ireland • Report & today’s conference draws from international experts who have shaped Universal Pensions in The UK, Australia, The US and New Zealand

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Open-ended Proposal for Insurers in Liquidation a ‘Systemic Risk’ to Motor Insurance Market - Insurance Ireland

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Insurance Ireland forms Strategic Alliance Partnership with MIT

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Insurance Ireland Highlights Systemic Risk Posed by ‘Open-ended’ Policy Proposal for Insurers in Liquidation

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Insurance Ireland Welcomes Minister Varadkar’s Endorsement of A Universal Pension for Ireland

Insurance Ireland, the representative body for the insurance industry, today welcomed the comments of the Minster for Social Protection, Leo Varadkar, on auto-enrolment into supplementary pensions.

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Insurance Ireland highlights Pokémon No Go’s

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Insurance Ireland says action must be taken to tackle the high cost of claims driving up premiums

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Statement by Insurance Ireland – July 1st 2016

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Insurance Ireland calls for Brexit Stakeholder Consultative Forum on Finance and Insurance

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Insurance Ireland Statement on Brexit Referendum Result

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Statement from Insurance Ireland

Issued 8 June, 2016: Insurance Ireland welcomes the current debate on the rising cost of insurance. We have been lobbying on behalf of our members for the last 18 months for a number of actions to be taken to address the spiralling cost of claims and the consequent increase in premiums.

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Insurance Ireland hosts prestigious 8th International Insurance Europe Conference to promote Ireland as a global industry hub

Dublin May 25th. Insurance Ireland is marking its 30th Anniversary by hosting over 600 guests in Dublin today from across Europe and beyond for a landmark conference on insurance globally, based on the theme of Serving Our Customer in Tomorrow’s World.

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Ireland for Insurance - Insurance Ireland's New Jurisdictional Promotion Brochure

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Insurance Ireland - Chief Executive's Review - Annual Report 2015

Insurance Ireland - Chief Executive's Review - Annual Report 2015

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Statement from Insurance Ireland regarding the Court of Appeal judgment in the Motor Insurers’ Bureau of Ireland (MIBI) appeal on Setanta Insurance liability

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Insurance Ireland Proposes Range of Measures to Address Increases in the Cost of Claims

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Insurance Ireland welcomes publication of the Bodily Injuries Thematic Review by the Central Bank of Ireland

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Insurance Ireland - Pension Worksop 3 - Investment Strategy

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Insurance Ireland is Hiring!

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Minister Harris opens new Insurance Centre in the heart of IFSC following professional apprenticeship announcement

Minister Harris opens new Insurance Centre in the heart of IFSC following professional apprenticeship announcement

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Insurance Ireland Proposes Range of Measures to Address Increases in the Cost of Claims

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Viability Of Irish Motor Insurance Market Now In Jeopardy

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Insurance Ireland Selects Accenture as Innovation Alliance Partner

Insurance Ireland Selects Accenture as Innovation Alliance Partner

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A little bit about Insurance Ireland latest Intern!

A little bit about Insurance Ireland latest Intern!

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Insurance Ireland on the move

Insurance Ireland is pleased to announce that we will move to a new office (First Floor, 5 Harbourmaster Place, IFSC, Dublin 1) in the IFSC on July 10th, 2015.

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Insurance sector has delivered almost 750 new jobs in the past year and will continue to grow employment over the next 5 years

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Insurance Ireland are looking to hire a Financial Controller to join our team!

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Insurance Ireland is Recruiting!

Insurance Ireland is Recruiting!

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Insurance Ireland is 29 years old today!

Insurance Ireland is 29 years old today!

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Insurance Ireland Announce New Member Appointments!

Insurance Ireland Announce New Member Appointments!

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Insurance Ireland has published its Annual Report for 2014. The report is now available to download!

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The first Insurance Ireland - Milliman Chief Risk Officer Forum of 2015 took place today!

The first Insurance Ireland - Milliman Chief Risk Officer Forum of 2015 took place today!

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Insurance Ireland today announced date for second annual President’s Conference!

Insurance Ireland today announced date for second annual President’s Conference!

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Insurance Ireland Appoints New President

Insurance Ireland Appoints New President

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Insurance Ireland - Internship Programme

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Insurance Ireland Welcomes Tánaiste’s Announcement on Pensions

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Freeze Damage - Important Notice from Insurance Ireland

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Storm Damage - Important Notice from Insurance Ireland

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Flood Damage - Important Notice from Insurance Ireland

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Insurance Ireland would like to wish all our members a very Happy Christmas and a bright New Year.

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Insurance Ireland Welcomes Discussions with Minister for Health, Leo Varadkar

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Insurance Ireland welcomes abolition of pension levy in 2015

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Insurance Ireland Launches New Report "A Universal Pension for Ireland - policy and implementation issues based on International best practice"

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Insurance Ireland welcomes Central Bank Report which highlights resilience of the sector

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Insurance Ireland Statement on Setanta Insurance Company Ltd.

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Insurance Europe International Conference 2016 planning has begun in earnest!

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Insurance Ireland Advice to Setanta Policyholders

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New report by PwC says Insurance Sector can deliver an additional 3,000 jobs over the next five years

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Major advance in Irish Healthcare as eClaims comes to Market

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Minister Brian Hayes and Insurance Ireland announce Memorandum of Understanding on Flood Defence Data

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XL Group plc join as members of Insurance Ireland

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Insurance Ireland statement re proposed non-life insurance levy

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Insurance Ireland Members Estimate Claims Cost for December/January Floods and Storms at €46 million

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Insurance Ireland Advice to Policyholders Affected by Storms and Floods

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Insurance Ireland Health Insurance Council Response to Government Reversal of Commitment regarding Charges for Public Beds

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Urgent legislation needed for Minister to fulfil promise and avert a further €100m increase in health insurance

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Insurance Ireland advises that Central Bank report relating to household property claims does not accurately reflect the market

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Insurance Ireland Health Insurance Council Confirm that Changes to Tax Relief at Source will Negatively Impact 9 in 10 Adults

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Changes to Tax Relief at Source a Disappointing-Day for Private Health Insurance Customers

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Insurance Ireland signals a cautious welcome for Budget 2014 announcements in relation to pensions

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Insurance Ireland supports Minister’s decision to give the Financial Services Ombudsman the power to name financial service providers

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Interview with Insurance Ireland President, Philip Smith

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Insurance Ireland Calls for Postponement of New Court Measures

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Insurance Ireland joins the Global Federation of Insurance Associations

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Insurance Ireland Health Insurance Council rejects Minister’s claims of scaremongering and stands over impact analysis of public bed charges

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Insurance Ireland Health Insurance Council warns of potential increase of 30% in health insurance premiums

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New report confirms insurers' vital investment role

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Insurance Ireland says sector can play an important role in economic recovery

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Insurance Ireland Endorses OECD Proposals to Reform Pensions

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OECD Report on Universal Pensions is a Major Contribution to the Public Policy Debate

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Insurance Ireland Advice to Policyholders Affected by Floods

This is the Friday Press Release

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Minister Hogan’s Pyrite Levy Proposal Unacceptable and Unjust

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IIF Reaction to Budget 2013

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IIF Advice to Policyholders Affected by Floods

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IIF President Calls for Government to Support Retirement Planning

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Insurance Bill for October Floods Reaches €127m

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IIF Advice to Policyholders Affected by Floods

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Insurers call for abolition of Policy Tax

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New IIF President Calls for Clarity on Government Pensions Policy

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IIF Supports Anti-Drink Driving Legislation

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IIF Statement on Insurance Link Report

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Policy on Pensions Tax Relief and Taxation of Pension Funds Criticised by IIF

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IIF Announces Freeze Figures

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Supports EU call to correct Solvency II Implementing measures

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Insurers call for further development of new Solvency Rules

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Insurers attack European Court ruling on use of gender in insurance pricing

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IIF Severe Weather Advice

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IIF Advises Policyholders Ahead of Possible Floods

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IIF welcomes drink-driving measure

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IIF support for CEA Report urging G-20 to recognise differences between insurers and banks

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Annual General Meeting Press Release

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Insurers Warn of Unregulated Firms Selling Motor Insurance

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Bad Weather - Freeze Advice

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Unprecedented flood and freeze give rise to property insurance claims of €541m

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Insurers issue tips to avoid burst pipes

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Bill for November Floods Estimated at €244 million

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Bad Weather/Freeze Advice

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IIF Response to Floods

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Leading Industry Bodies Unite Against Illogical Proposed Pension Tax Changes

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IIF Pre-Budget Submission

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IIF Advises Policyholders Affected by Floods

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Government Procrastination costing lives - Concern over Speed Camera delay

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Insurers support reduction in Drink-Drive Limit

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IIF statement in Support of the Financial Steering Group report entitled ‘Improving Financial Capability: A Multi-Stakeholder Approach’

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IIF Highlights impact of downturn on Insurance Sector

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IIF Against possible Pensions Tax Relief Restriction

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40% Increase in Fraud cases in First week of Anti-Fraud Campaign

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Insurance rates at 25-year low but reform benefits fully absorbed

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Enquiries

Contact the Insurance Information Service if you have an insurance related query.

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Who to Contact?

Insurance Information Service

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Dublin Address:
Insurance Ireland,
Insurance Centre,
5 Harbourmaster Place,
IFSC,
Dublin 1, DO1 E7E8.

Contact Details

Telephone: 01 676 1820
Fax: 01 676 1943
info@insuranceireland.eu

or use our Query form

Brussels Address:
51, Rue Montoyer,
B-1000 Brussels

EU Transparency Register ID: 978587826097-61

Telephone +32 2 896 02 06
E-mail: brussels@insuranceireland.eu

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