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.
