Matheson


News and Insights

Print this page

Search News & Insights


CCPC Launches Study Into Irish Public Liability Insurance Market

AUTHOR(S): Kate McKenna
PRACTICE AREA GROUP: EU, Competition and Regulatory
DATE: 16.08.2019

Following a ministerial request, the Irish competition regulator (the “CCPC”) has launched on the 15 August 2019 a market study into public liability insurance.

The Minister for Business, Enterprise and Innovation, Heather Humphreys, requested the CCPC to undertake the study using her powers under the Competition and Consumer Protection Act 2014.

The next step will be for the CCPC to publish a ‘terms of reference’, which will clarify more precisely the scope of their study.

This market study follows a 2005 market study of competition in the non-life insurance sector by the CCPC’s predecessor, the Competition Authority, which produced some limited recommendations in relation to public liability insurance.

Two separate competition investigations into the wider Irish insurance sector (by the CCPC into the Irish motor insurance sector and the European Commission in relation to data pooling by Insurance Ireland) remain ongoing.

In the last two years, the CCPC has used these market study powers to investigate the waste collection market and the residential mortgages market. 

Read the full statement here

This update was co-authored by Ronan Scanlan and Kate McKenna of the EU, Competition and Regulatory Group

BACK TO LISTING



About cookies on our website

Following a revised EU directive on website cookies, each company based, or doing business, in the EU is required to notify users about the cookies used on their website.

Our site uses cookies to improve your experience of certain areas of the site and to allow the use of specific functionality like social media page sharing. You may delete and block all cookies from this site, but as a result parts of the site may not work as intended.

To find out more about what cookies are, which cookies we use on this website and how to delete and block cookies, please see our Which cookies we use page.

Click on the button below to accept the use of cookies on this website (this will prevent the dialogue box from appearing on future visits)