On 29 May, the Irish Insurance Federation (IIF) published its annual report, which highlights increases of 26% in claims costs of non-life insurers. The report also notes that cases of suspected fraud being reported from members of the public have doubled. Notably, the Chief Executive of the IIF, Michael Kemp, stressed that the IIF would oppose any proposed regulatory reform (reported earlier this year in the media) resulting in the merger of the Financial Services Ombudsman and Consumer Division of the FR.