Injuries Resolution Board statistics from its 2024 Annual Report (published July 2025):

  • Amount saved in 2024 in avoided costs due to claims not going through litigation €76 million.
  • Reduction in average value of General Damages (Damages for Pain and Suffering) 29%
  • Reduction in total value of awards since 2019 – €107 million.
  • 2024 claims volumes down 39% since 2019. 

Central Bank NCID statistics from its 2023 Liability Report (published April 2025):

  • The report found that premiums increased by 4% in 2023 and have increased by 17% since 2020, despite a range of government reforms. 
  • The market has also proven highly profitable for insurers, showing an operating profit of 13% in 2023 (2.5 times international norms).
  • Report finds that average legal costs are less than €1,000 for cases finalised at the Injuries Board but over €23,000 once it enters into litigation, whilst awards for claimants were the same in either channel (also at €23,000).
  • Insurer profits continue to rise at the expense of higher premiums and despite reduced volume of claims and size of awards.