Aviva Ireland’s profits fell last year, hit by a wave of payouts in the aftermath of bad weather including the powerful Storm Éowyn. The insurer said what it called “a year of record storms” had pushed its underwriting margin to 1.9pc in 2025, compared with 5.2pc in 2024. The general insurance underwriting business grew, across personal, commercial and health, according to Declan O’Rourke, Aviva Insurance Ireland Chief Executive Officer. He also pushed government to introduce scaled legal costs in the Circuit Court. Pushing down costs will feed through to lower insurance costs for customers, Aviva said.

Source: Irish Independent March 05, 2026 17:53 UTC