Catastrophe loss analysts Perils has pegged the market loss for Ex-Hurricane Ophelia which battered the coast of Ireland, at €60m.
A powerful storm hit Ireland and Northern Ireland yesterday leaving a trail of damage and three dead before reaching England, Scotland and Wales today.
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
Changes to Irish claims laws are cutting down on fraud and the rising levels of awards but the lack of insurer access to driver data is holding the industry back, a top judge has said.
Insurers must fight back against exaggerated and fraudulent personal injury claims in court, the chairman of Ireland’s Personal Injury Commission has said.
Guideline changes to personal injury lawsuit compensation in the Republic of Ireland is a “major step forward for the market,” one of the country’s top lawyers has said.
Specialist global insurer Hiscox has promoted Juan de Castro to chief operating officer of Hiscox UK and Ireland.
Am Trust International has acquired Arc Legal Assistance for an undisclosed amount.
Andrew Horton, CEO of Beazley, is in Singapore this week to celebrate 10 years writing business in the continent.
A Kent-based intermediary has said “all options are open” following a Brexit vote, as its parent company CBL Insurance said the firm could redomicile to Dublin.
Liberty Insurance is realigning its commercial insurance and back office functions in Ireland with an expected 70 redundancies as a result.
Insurers in Ireland are backing a call by Axa for more consistent personal injury awards amid concerns the body established to handle personal injury claims and compensation in 2004 has lost its way.
Axa's £80m flood bill did not materially affect its 2015 results, according to UK and Ireland group CEO Paul Evans, who was "surprised" at some of the results released by competitors.
RSA has awarded Winpro the contract to deliver its infrastructure requirements across the UK, Ireland and Scandinavia.
RSA has reached an out-of-court settlement with the former CEO of its Irish operation Philip Smith.
Aviva is examining its Irish health insurance arm for a potential sale, Post understands, but the plan is in an early stage and no decisions have been made.
The Central Bank of Ireland is to conduct an inquiry into former managers of Quinn Insurance who it has "reasonable grounds" to suspect were involved in breaches of insurance regulations.
Axa UK will bring all of its insurance business under one leader with Axa Insurance CEO Amanda Blanc taking responsibility for Axa Ireland from 1 January 2016.
RSA has reported record UK underwriting profits of £77m and a combined operating ratio for the region of 94.4% for the first six months of 2015.
RSA has confirmed its intention to appeal the decision of Ireland’s Employment Appeals Tribunal, which found in favour of former Irish CEO Philip Smith.
Catalina Holdings has completed the portfolio transfer of legacy insurance liabilities from Quinn Insurance.
Loss making Liberty Insurance is cutting 250 jobs in Ireland and a further 20 in Enniskillen, Northern Ireland over the next 18 months.
RSA has vowed to appeal the Employment Appeal Tribunal's decision in Dublin to award former Ireland CEO Philip Smith €1.25m (£900,000) in constructive dismissal damages.
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.