CCPC issues preliminary findings to organisations under investigation in the private motor insurance sector* The Competition and Consumer Protection Commission (CCPC) has today issued preliminary findings to five insurers, an insurance industry trade association and an insurance broker: AIG Europe S.A. Allianz PLC AXA Insurance DAC Aviva Insurance Limited FBD Insurance PLC Brokers Ireland, formerly the Irish Brokers Association AA Ireland Limited The preliminary findings allege that these organisations engaged in anti-competitive cooperation over a 21-month period during 2015 and 2016. The alleged anti-competitive cooperation consisted of public announcements of future private motor insurance premium rises as well as other contacts between competitors, all of which reduced levels of
The Irish Competition Authority issues preliminary findings to organisations under investigation in the private motor insurance sector (AIG Europe / Allianz / AXA / Aviva / FBD / Brokers Ireland / AA)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.