Post Europe: View from the Top: The battle for Ireland

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Ireland, along with most other countries, continues to experience the sharp impact of the global downturn. We are clearly in a recession, our property market has collapsed, the cost of borrowing for Ireland Inc has soared and two cornerstones of growth - consumer confidence and consumer trust - have both been damaged.

The challenges for insurers too have been significant - not least as a result of significant weather events of winter 2009/10, which resulted in claims across the entire sector of more than €500m.

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