New figures for motor insurance by the Central Bank showed a 4% rise in premiums in the first half of last year. The National Claims Information Database shows that the cost of repairing cars went up again last year and is up 155% since covid but payouts for claims in the courts are down 24% in that time. That report comes on top of a huge surge in complaints to the Financial Ombudsman about insurers last year mostly for not paying out.

All to discuss with Moyagh Murdock the Chief Executive of Insurance Ireland.