Business liability insurance premiums rose by 24 per cent between 2013 and 2019.
A new Central Bank study says this came after premiums dropped by 16 per cent between 2009 and 2013.
Overall, profits on business premiums averaged about 5 per cent over the last decade.
Central Bank director of economics Mark Cassidy says Ireland’s business insurance market is extremely volatile.
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East Coast FM's Jack Massey Among Ten Selected for the Learning Waves Journalism Graduate Programme
East Coast FM's Jack Massey Among Ten Selected for the Learning Waves Journalism Graduate Programme
Heavy rain shower
High: 15°C | Low: 13°C
Heavy rain shower
High: 15°C | Low: 14°C
Heavy rain shower
High: 15°C | Low: 13°C
Mist
High: 15°C | Low: 13°C
Sunny intervals
High: 15°C | Low: 14°C
