Irish insurers still culling reserves
Despite reserve increases and suffering the worst motor losses in the market, Quinn Insurance was still the most profitable non-life underwriter in Ireland in 2008
The Insurance Statistical Review for 2008 published by IFSRA, the Irish insurance regulator, shows that the market’s motor
reserves fell by €187.6mn ($276.3mn) during the year while paid claims increased by 16.7% to €1.3bn ($1.9bn).
The rest of this document is only available to i-law.com online
If you are already a subscriber, please enter your details below to log in.