Download full report with analyst certification and important disclosures
Oct 24 2024, 08:41 IST/BST
FBD Holdings
Trends in private motor insurance
- Sectors : Insurance
- Companies : FBD Holdings
DAVY VIEW
The report from the Central Bank of Ireland is unsurprising but provides further details and context on private motor insurance in Ireland. Changes in the market coming out of COVID and new personal injury rules resulted in reductions in premiums in 2022 and as damage costs increased these were not offset in 2023. Inflation data indicate that the sector is seeking to restore profitability with underlying damage costs still a headwind.
