Average Personal Injuries Assessment Board payout down €10k

Peter Boland, director of the Alliance for Insurance Reform, said premiums for community groups, and charities continue to spiral, with many finding it difficult to get cover.

The average value of each insurance claim payout awarded by the Personal Injuries Assessment Board dropped by over €10,000 in the first eight months after new guidelines came into force.

In general damages cases, the award from PIAB dropped by almost half under the new guidelines from €21,850 in 2020 to €11,411 in November 2021.