Insurers’ reinsurance deals with overseas parents muddy earnings
The top five insurers here ceded 40% of their combined €3.42 billion of premiums written by local entities, filings show
The top five insurers here ceded 40% of their combined €3.42 billion of premiums written by local entities, filings show
Irish unit of Aviva ceded €70m of net underwriting profit to its UK owner last year
Second-largest general insurer in the Irish market paid €100 million of dividends to its German parent last year, according to a new filing
German insurer’s full-year earnings rose 8.7% to €16 billion, exceeding a prior target
Company jointly owns the Dundrum Town Centre with German insurer Allianz
Former INM chairman alleges breach of contract against insurer
Louth family were grateful they increased their contents cover before fire extensively damage their home
‘Frequency of catastrophic climate events’ and changing flood risks among climate concerns discussed with Minister of State for insurance Neale Richmond
Hotel’s manager tested positive for the virus by the time the nationwide lockdown was imposed
UK insurer returns to hospitality sector following Government reforms designed to reduce the cost burden on businesses
Planet Business: Another acquisition target for Mars, Elon Musk’s advertiser lawsuit and the new name for Twickenham
Existing loans secured against the landmark shopping centre fall due in September
Anne Keenan (66) and Catherine McCarthy (66), both from Ennis, alleged taxi struck van during 2016 trip to Heuston Station in Dublin
Hammerson said it and Allianz expect to sign refinancing deal for €600 million of Dundrum loans in early August
Ireland is sending its largest ever Olympic team to Paris. Even better than that for sponsors, advertisers and RTÉ, these games are in the perfect time zone
Investors betting on pace at which central banks will cut rates
National broadcaster to show Cork play Kilkenny in first hurling game
Moving to 80% renewable electricity by 2030 will cost Ireland €20bn and that’s just for starters; private capital is going to be essential on top of State investment
Group operating profit fell 15% to €3.47bn, better than the €3.26bn analysts had expected
Higher interest rates and ESG requirements see Dublin 4 scheme’s capital value fall to below replacement cost level of €170 per square foot
Any Other Business: Lobbying register fines, Applegreen unplugs ESB EV chargers, Michael O’Leary and the Irish stock exchange, aviation high flyers, new data commissioners and art returns
John Burns: List provides transparency on who is lobbying whom and about what
The Marlin Hotel Dublin is suing its insurer over its refusal to provide an indemnity for interruption during the pandemic
Paper losses pushed the sector into a loss at its so-called comprehensive level and reduced capital reserves levels across most top insurers
The inflation surge may be slowly easing, but the cost of living crisis lives on
Solvency reserves fall as insurers taking a hit on large bond holdings though that will likely reverse as they are held to maturity
German insurance group values smartphone bank at as little as $3bn
Sales and footfall rose at assets owned by the British property investor last year with 2023 getting off to a strong start
Current CEO Sean McGrath is retiring and will be succeeded by Phillip Gronemeyer
Church closures ‘had a very detrimental effect on income and collections’
Hawkish shift comes after euro zone inflation hits record 7.5%
Borrowers including Italy face ‘double whammy’ of higher funding costs and slowing growth
The likes of Allianz Global Investors and UBS Group who purchased green bonds from Russian Railways and social debt from Sovcombank were blindsided by the invasion
Investors are fearful but the most likely outcome remains another win for Macron
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How does a post-Brexit world shape the identity and relationship of these islands
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