The Irish Competition Authority makes 47 recommendations to boost competition in the non-life insurance sector

The Irish National Competition Authority (hereinafter “NCA”) has issued its report and recommendations on enhancing competition in the non-life insurance sector. The recommendations aim to reduce the cost of switching insurer and/or intermediary and to tackle structural and legal barriers to entry. The Report is a follow-up to the NCA's Preliminary Report and Consultation Document published in February 2004. In the wake of the publication of the preliminary report, the NCA received responding submissions and commissioned four research papers to objectively analyse the issue. As a result, the NCA's final report makes 47 recommendations addressed to regulators, the Government and industry participants, the aim of which is to boost competition in this sector. The report focuses on two

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Auteur

  • London School of Economics (London)

Citation

Orla Lynskey, The Irish Competition Authority makes 47 recommendations to boost competition in the non-life insurance sector, 8 mars 2005, e-Competitions March 2005, Art. N° 194

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