This report analyses Solvency and Financial Condition Reports (SFCRs) published by Irish life insurers in 2025, reflecting data for year-end 2024. Our analysis highlights key trends in premiums, solvency and international exposure.

Key findings

• Gross premiums written increased to €48.1 billion for year-end 2024, a 15% rise from €41.6 billion in 2023.
• Approximately 49% of premiums were written for the Irish market, and 51% were for international business.
• Balance sheet assets reached €377.5 billion by the end of 2024, up from €342.3 billion the year prior.
• The aggregate solvency ratio declined slightly to 161% at year-end 2024, from 167% in 2023.
• We observed limited use of internal models and moderate use of the volatility adjustment.