New guidelines have led to a 37% drop in public liability claim costs in Ireland since 2019, but premiums remain unchanged.

New guidelines introduced in 2021 have led to a significant drop in public liability claims in Ireland, with a 37% decrease in total claim value from 2019 to 2023. Claims against cafes, hotels, and restaurants fell by over half, and shops saw a 44% decrease. However, claims in residential institutions rose by 22%, mainly due to fatal incidents in long-term care during the pandemic. Despite the decline in claims, insurance premiums have not decreased, causing concern among business groups.

2 months ago
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