Despite the economic slowdown, inflation pressures are proving broader and more persistent than anticipated. Inflation is also broadening well beyond food and energy.

This report expects inflation to moderate significantly from the middle of next year, as the energy shock is no longer reflected in the year-on-year inflation calculation. However, we could be entering an environment that is structurally more inflationary, as production costs – from materials to energy and labour – remain elevated.

Inflation has become one of the most vexing issues confronting economists, governments, business leaders and consumers — and has also tasked risk managers with navigating new forms of volatility in their risk management programmes.

For the second year running, Insurance Ireland and Brokers Ireland are pleased to publish the 2022 Diversity Survey report in collaboration with Deloitte. The inaugural 2021 survey report provided a baseline assessment of the diversity levels within the Irish Insurance landscape. The purpose of this year’s survey is to understand the current diversity landscape since the 2021 survey was conducted, reflect on areas of strength and identify any gaps to enable future improvements within the industry.