Irish Life websites
Irish Life Health
Welcome to Ireland’s newest health Insurer, Irish Life Health. Bringing fresh options and innovation to the health insurance market.
Irish Life
Irish Life the largest life and pensions group and fund manager in Ireland, employing 2,000 people and servicing one million customers.
Irish Life Investment Managers
Managing assets in excess 39bn, ILIM manages money on behalf of multinational corporations, charities and domestics.

News - Irish Life Corporate Business

Posted on February 09, 2018

In its fourth full-year as a subsidiary of Great-West Lifeco (Lifeco), Irish Life continued to generate strong results contributing profits of €201 million (CAD$295 million) to Lifeco for the year ended 31 December 2017. 

Posted on February 09, 2018

Less than half of women in Ireland have adequate financial protection, according to extensive research from one of the country's leading insurers.

Posted on February 08, 2018

Demographic pressures will put pressure on pension provision, conference told

 

Posted on February 06, 2018

Government to launch review of auto-enrolment and State penion 

Posted on February 05, 2018

A survey by Chartered Accountants Ireland members found 96pc in favour of pension auto-enrolment.

 

Posted on February 02, 2018
The news that VW tested diesel engine emissions by exposing monkeys to the fumes is a PR disaster for the company - another one. But will it matter to its bottom line? Or will the negative findings of the tests harm the diesel market? From Germany, Berlin Correspondent Derek Scally, and from his desk, Motoring Editor Michael McAleer are here to tell us.
 
After that, in our monthly focus on the business of sport, Ciaran and Michael O'Keeffee of Teneo PSG talk to IRFU CEO Philip Browne about the Rugby World Cup bid, doing a deal with TV3, the price of Six Nations tickets and more.
 
Finally, Michael fills Ciarán in on all the big sports business stories of the moment.
 

 

Posted on January 30, 2018

How has the Trump economy so totally confounded the negative expectations of a year ago?

What did we learn about the tracker mortgage scandal from AIB CEO Bernard Byrne's appearance at the Oireachtas finance committee ?

And what is stopping us from making real competitors to Dublin out of places like Cork and Limerick, before the entire country becomes a commuter belt and the M50 finally grinds to a permanent halt?

In part one of today's Inside Business podcast, Business Editor Ciarán Hancock probes Cliff Taylor and Eoghan Burke-Kennedy for answers to those questions.

In part two, Markets Correspondent Joe Brennan reports on the goings-on at the World Economic Summit in Davos, Switzerland.

 

Posted on January 24, 2018

Cancer is the leading cause of death and illness in Ireland as Irish Life pays out €187.8 million in claims during 2017

  • €129.7 million paid out in Life Insurance to 1689 families for people who died
  • 2,582 claims paid across Life Insurance, Specified Illness and Terminal Illness Cover
  • €53.7 million paid to 853 people for Specified Illness Cover claims – over a third of these were aged under 50
  • Claims report reveals that over half of women died from cancer, compared to 38% of men
  • Breast cancer was found to be the main cancer for Specified Illness Cover claims
  • Heart-related conditions still the most common cause of death or illness for more men than women according to claims data
  • Women claiming at an earlier age than men – average age of 64 years for female Life Insurance claims and just 51 years for Specified Illness cover, 4 years earlier than men
  • Accidental deaths accounted for 25% of Life Insurance claims for people under 40
Posted on January 22, 2018

Irish Life Corporate Business are delighted to be announced as finalists for this February's Digital Media Awards.

We will be competing in two categories; Best Use of Mobile and Best Technology Innovation. 

The Awards Ceremony will take place on 16 February 2018.

Posted on January 22, 2018
For the past number of years, Irish Life has sent a communication to all members of Defined Contribution (DC) schemes. This communication was called the “Pension Pulse Statement” and it was issued 3 months after the Annual Benefit Statement. The purpose of the Pension Pulse Statement was to show DC members:
 
An estimate of the income they could expect each year when they retire based on the estimated value of the pension fund at normal retirement age
Whether they are on track for a target of 1/3rd of salary plus the State Pension in retirement 
Where they were not currently using a lifestyle strategy, it highlighted the risk rating of the funds they were invested in.
 
These are important messages. We will continue to provide members with important information like this about their pension savings in their annual benefit statements and through our online services.
 
However, from 1 April 2018, we will no longer be sending the Pension Pulse Statement by post to a DC member’s home address. Instead, members will have access to this information on a daily basis via our personalised online pension system, Pension Planet Interactive.
 
 
DC members can view their values, projections and investment risk ratings online. This means the information is based on real-time data so it is a much better way to engage and communicate with DC members. 
 

Pages