Posts by: Caeva O'Callaghan

Health Insurance prices are going up at an alarming rate. Last November, Quinn Healthcare increased its prices by at least 12% and in some cases by over 20%. During the same month, VHI, Ireland’s largest health insurer increased its rates by 2% but this was on top of a 45% rate increase last January. Aviva, [...]

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According to this morning’s Irish Times, the cost of car insurance is down by 3% since January 2011.

Drivers who have a full no claims bonus and males enjoyed the largest decrease in car insurance premiums. There are quite a few reasons for this decrease in the cost of insurance – there are fewer [...]

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Justice Kearns today approved that the Administrators of Quinn Insurance draw down of €320 million immediately from the Insurance Compensation Fund to enable the transfer of the insurance company to US insurance company Liberty Mutual. Justice Kearns has also approved the draw down of a further €418 million subject to further applications to the [...]

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A survey carried out by Ryanair last week polled over 4,000 people and found that over one third travelled without any travel insurance.

A person hit with acute appendicitis in the US will be charged €27,000 and a minor heart attack there will cost at least €35,000. Breaking a leg while on a skiing [...]

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Today, our Minister for Finance published a bill which proposes a new tax of up to 2% on all non-life insurance policies.  This new insurance levy will help fund the Insurance Compensation Fund (ICF).

The joint administrators of Quinn Insurance Ltd. estimate that they will require €600 million from the Insurance Compensation Fund to [...]

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Double check the rebuilding cost of your home.  These costs are significantly less than they were five years ago and your home insurance premium will decrease in line with the reduction in the rebuilding cost of your home. Increase the excess on your home insurance policy. Make sure you notify us of any [...]

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