Insurance companies may set up elsewhere and not Ireland

There are 187 insurance and reinsurance companies operating in Ireland at the moment but a new report for the sector has found that our attractiveness as a location may be set to decline. The Milliman report says that the lack of skilled workers and the regulatory regime may deter future entrants into the market here.

Moyagh Murdock from Insurance Ireland joined Joe on the show this morning.There are 187 insurance and reinsurance companies operating in Ireland at the moment but a new report for the sector has found that our attractiveness as a location may be set to decline. The Milliman report says that the lack of skilled workers and the regulatory regime may deter future entrants into the market here.

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