
Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Historical Data Period | 2020 - 2023 |
CAGR | 5.00 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Ireland Life & Non-Life Insurance Market Analysis
The Ireland Life & Non-Life Insurance Market is expected to register a CAGR of 5% during the forecast period.
Online insurance buying is expected to provide a new growth avenue to Ireland's life and non-life insurance market. Owing to their dual advantage of securing future uncertain labilities due to accidental events and an investment opportunity, unit-linked insurance plans are popular in the Ireland insurance market.
Moreover, the InsurTech sector is witnessing much technological innovation and investment development over the past few years. Traditional insurance business lines, such as health, auto, and commercial, are being revolutionized by new digital-centric startups. New technologies, such as AI and IoT, have been re-architecting insurance data, the foundation of the insurance industry.
Ireland Life & Non-Life Insurance Market Trends
Growing Online Sale of Insurance Policy
In the past few years consumers' inclination toward buying online insurance has increased rapidly. Significant growth has been observed in the purchase of life and non-life insurance through the online channel. Growing internet penetration in Ireland is supporting growth in the online sale of insurance policies.
The share of internet users in Ireland increased from 75.29% in 2016 to 79.31% in 2021. Consumers can compare plans of different companies on aggregators' websites and choose the best plan for them. Due to this convenient feature, the adoption of online insurance purchasing is increasing. Major players in the life & non-life insurance market in Ireland are providing and working on the improvement of online infrastructure to cater to the demand of online consumers of insurance. Many insurance companies in Ireland are enabling e-KYC for the convenience of insurance buyers.

Unit Linked Life Insurance Registered Highest Growth Rate in Ireland
A unit-linked insurance plan is a product that offers a combination of insurance and investment payout. Because it provides coverage for not only uncertainty but also an investment opportunity, it is widely popular in the market. Unit-linked life insurance plans registered the highest growth rate in the past few years and are expected to continue their trend during the forecast period.
The high growth of insurance technical reserves for unit-linked life insurance is supported by large sales of unit-linked life insurance plans. The major operating players in the market are providing a unique product mix for unit-linked life insurance to attract consumers.

Ireland Life & Non-Life Insurance Industry Overview
The Ireland Life and Non-Life Insurance Market is highly competitive with the presence of local and global players. The market is fairly consolidated. The report covers the major players operating in Ireland's Life and Non-Life insurance market. Bank of Ireland, AIB, Irish Life, Intesa SanPaolo Life, Standard Life International, Zurich Life Assurance, Zurich Insurance, Darta Saving Life Assurance, XL Insurance, New Ireland Assurance, Utmost Paneurope, Partner Reinsurance Europe are some of the key players operating in Life & Non-Life Insurance Market in Ireland.
Ireland Life & Non-Life Insurance Market Leaders
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Bank of Ireland
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AIB
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Irish Life
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Intesa SanPaolo Life
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Standard Life International
- *Disclaimer: Major Players sorted in no particular order

Ireland Life & Non-Life Insurance Market News
- On May 23, 2022, FINEOS partnered with EY Ireland to accelerate smart digital transformation for insurance carriers in the life, accident, and health industry. It will positively impact the employee benefits value chain, from insurers and employers to employees, while also achieving tangible operational efficiencies.
- On April 18, 2022, Assured Partners entered the Irish market by acquiring Gallivan Murphy Insurance Brokers Limited. Gallivan will continue in the business in a non-executive capacity and will be involved in identifying further opportunities for expansion in the Irish marketplace.
Ireland Life & Non-Life Insurance Industry Segmentation
The Ireland Life and Non-Life Insurance Market is segmented by Type (Life (Individual and Group), Non-Life (Home, Motor, Heath and accident, travel, and Rest of Non-Life Insurances)), and by Distribution Channel (Brokers, Agents, Banks, Online, and Other Distribution Channels). The report offers market size and forecasts in value (USD billion) for all the above segments.
By Insurance type | Life Insurance | Individual | |
Group | |||
Non-life Insurance | Property Insurance | ||
Motor insurance | |||
Health and accident insurance | |||
Travel Insurance | |||
Rest of Non-Life Insurance | |||
By Channel of Distribution | Brokers | ||
Agents | |||
Banks | |||
Online | |||
Other Distribution Channels |
Ireland Life & Non-Life Insurance Market Research FAQs
What is the current Ireland Life & Non-Life Insurance Market size?
The Ireland Life & Non-Life Insurance Market is projected to register a CAGR of 5% during the forecast period (2025-2030)
Who are the key players in Ireland Life & Non-Life Insurance Market?
Bank of Ireland, AIB, Irish Life, Intesa SanPaolo Life and Standard Life International are the major companies operating in the Ireland Life & Non-Life Insurance Market.
What years does this Ireland Life & Non-Life Insurance Market cover?
The report covers the Ireland Life & Non-Life Insurance Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ireland Life & Non-Life Insurance Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Ireland Life & Non-Life Insurance Industry Report
Statistics for the 2025 Ireland Life & Non-Life Insurance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ireland Life & Non-Life Insurance analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.