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Aviva Ireland CEO opposes injury payout increase, citing potential rise in insurance costs.
Aviva Insurance Ireland's CEO, Declan O'Rourke, opposes a proposed 16.7% increase in personal injury payouts, arguing it could reverse efforts to lower insurance costs.
Aviva reported a 12% rise in gross written premiums to €584m in 2024, with car and home insurance prices increasing due to higher costs of parts, materials, and labor.
The company supports fair compensation but warns the increase could boost insurance premiums and harm consumers.
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El CEO de Aviva Ireland se opone al aumento del pago de lesiones, citando un posible aumento en los costos de seguros.