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News
Government establishes flood insurance working group
4+ hour, 40+ min ago (251+ words) The Government has announced the creation of a Flood Insurance Working Group to help improve protections for households and businesses at risk of flooding. The group will be chaired by former secretary general of the Department of Health Jim Breslin…...
Why has IPO become a buzzword?
1+ mon, 3+ week ago (1546+ words) It was once a term only used among people interested in stock markets and investing, but now 'Initial Public Offering' or IPO has become a buzz word. Global tech giants have been receiving extensive media coverage over their plans to…...
Aviva CEO calls for UK political stability to help firms
2+ mon, 4+ week ago (272+ words) Aviva chief executive Amanda Blanc said today that businesses were being harmed by political turmoil in Britain, as Prime Minister Keir Starmer faces a potential leadership challenge. "There have been too many changes of government strategy, leadership, just in my…...
Aegon to sell UK insurance business to Standard Life
3+ mon, 3+ week ago (414+ words) Standard Life has agreed to buy Dutch rival Aegon's UK business for £2 billion, the companies said today, expanding the British pension savings group's reach to 16 million customers. Standard Life said the cash-and-shares deal would also boost its managed assets by…...
Average cost of motor insurance was €655 last year
4+ mon, 1+ week ago (218+ words) The Minister of State with responsibility for Financial Services, Credit Unions and Insurance, Robert Troy, said the latest Private Motor Insurance Mid-Year Report shows affordability "remains a challenge". He said while the National Claims Information Database shows the average cost…...
Harris confirms Insurance Compensation Fund Levy cut
7+ mon, 1+ week ago (359+ words) Tánaiste and Minister for Finance Simon Harris and Minister of State for Financial Services, Credit Unions and Insurance Robert Troy have confirmed the reduction of the Insurance Compensation Fund (ICF) levy from 2% to 1% from January 1. The decision was first announced…...