Irish insurance chief rues slow pace of insurance industry reform.

M2 EQUITYBITES-February 28, 2019--Irish insurance chief rues slow pace of insurance industry reform

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Global Banking News - 28 February 2019

The boss of Ireland-based insurer, FBD Holdings, has said that reforms to the insurance industry could fail.

Fiona Muldoon said that little action has followed words and promises to reform the insurance claims environment. She criticised cases where high awards have been made for relatively minor injuries. She also said that many claims were fraudulent.

Speaking to the Irish Independent, she said, 'It is important that the...

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