Motor insurance claims hit record €414m in first half of 2024, says Central Bank

Between January and June 2024 there were about motor insurance 87,700 claims which resulted in €231m being paid out in damage claims, while injury claims stood at €183m.
The first half of 2024 saw the total value of settled motor insurance claims hit €414m, between damage and injury settlements, which is the highest level on record, new data from the Central Bank of Ireland shows.
During the first half of 2023, €320.8m was paid out in settlements which increased to €339.7m during the second half of that year.