Private Motor Insurance

Department/Agency

Central Bank of Ireland

Key information

Earned premium income, exposure, total paid, estimated cost, cost, number of claims, number of large claims, surplus/deficit per policy, and total surplus/deficit, classified by cover type, age, sex, and licence type; average premium, by company, age, sex and licence type; average cost per vehicle year, average surplus, number of claims, number of large claims over 100k, average cost per claim, accident frequency, and large claim rate, by cover type.

Source

Policy, premium and claims data submitted by the Irish Insurance Federation (IIF) to the Central Bank of Ireland.

Scope

Private motor insurance policies issued by virtually all companies operating in the Irish market.

Frequency

Annual

Reference period

Accident year

Start date

1997

Timeliness

About 20 months after the end of the reference year

Classifications

  • Age
    17-20 years; 21-24; 25-30; 31-50; 51-70; 70+ years.
  • Licence status
    Full licence; Provisional licence.
  • Insurance cover type
    Comprehensive; Third party fire and theft cover; Third party only.

Theme

Business Sectors - Services

Page Created

2009-04-20

Page Modified

2015-08-05

Keywords

accident accidents bank car cars central claim claims comprehensive cover exposure financial fire iif insurance licence license motor motors party policies policy premium premiums provisional theft third vehicle vehicles