Hibernian Group

Hibernian Group, the Irish subsidiary of CGNU, has consolidated its leading position in the Irish non-life market ahead of Axa by acquiring the personal lines business of Friends First Group. Hibernian’s non-life market share has risen to 26% as a result of this transaction, according to group chief executive Pat McGorrian. It is now close to the 30% threshold at which Irish competition authorities would begin to be concerned.