FIG Top 5 At 5 - 31/07/2025

1. Government publishes action plan for insurance reform

On 24 July 2025, the Government publishedOpens in new window the action plan for insurance reform 2025 - 2029 ("Plan"). The publication of the Plan follows on from the public consultation carried out by the Department of Finance ("Department"), for more information, see FIG Top 5 at 5 dated 1 May 2025.

The Plan recognises that prioritising Ireland's competitiveness is essential, especially in the current geopolitical environment and the associated uncertainty. In this context, the Plan acknowledges the progress made since the publication of the first action plan on insurance reform in 2020, however it is noted that Ireland's costs remain too high, when compared against international data.