Ireland's high insurance costs are putting off some of the world's biggest music acts.
Peter Boland of the Alliance for Insurance Reform says insurance costs are higher here than in Northern Ireland.
Acts like Beyoncé, Pink and Coldplay are not performing in Ireland on their respective tours.
act i RENAISSANCE 7.29 https://t.co/6sfw3sBWnz pic.twitter.com/FPPhEW1OTK
— BEYONCÉ (@Beyonce) June 30, 2022
Icing On The Cake
Peter Boland also says there'll be implications for society in the next few years:
"These tours are big business and they go where they can make a margin."
Peter continued, "Ireland has issues in terms of competitiveness."
"It would appear that the cost of insurance south of the border is essentially the icing on the cake when it comes to reasons not to come to Ireland now," he concluded.
