News Release
| General Insurance operating profit | General Insurance Operating Profit €64million (2024: €73 million) |
| Combined operating ratio | Combined Operating Ratio 98.1% (2024: 94.8%) Underwriting Margin 1.9% (2024: 5.2%) |
| Growth | GWP (Gross Written Premiums) of €660 million (2024: €584 million)
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Aviva’s general insurance business in Ireland delivered strong financial results in 2025. Gross Written Premiums increased by 13% to €660 million (2024 €584 million). This is comprised of €632 million GWP from our general insurance business driven by strong growth in both personal and commercial lines and €28 million GWP from our health insurance partnership with Level Health.
Declan O’ Rourke, Aviva Insurance Ireland Chief Executive Officer said:
In a year of record storms, our underwriting margin in 2025 was 1.9%, compared with 5.2% in 2024. As a result, our Operating Profit declined to €64 million (2024: €73 million). Despite this reduction in profit, we continued to invest significantly during the year in digitisation, legacy system replacement, and AI, launching new products and distribution channels for customers.”
'While the government has delivered significant progress in Insurance Reform, Ireland remains an outlier in Europe for both high compensation levels and high legal fees'.
On compensation levels, recent independent comparisons published by government show minor-injury settlements in Ireland are around five times higher than in England and Wales1. We call on government to continue its recent good work to finalise the benchmarking and reduce minor injury awards to sustainable, proportionate levels in line with international standards.
Legal cost reform has been promised since the 2020 Insurance Reform Plan. We call again on government to introduce scaled legal costs in the Circuit Court.
Reduced compensation levels for minor injuries and reduced legal costs will lead to reduced insurance costs and improved affordability for customers.”