Kevin Humphreys (Dublin South East, Labour) | Oireachtas source

The witnesses gave us a figure for flood defence over the 12 years of approximately €697 million. Will Mr. Thompson give us an idea of the profit margins the Irish Insurance Federation's members have had over the past 20 years? This is really a case of spreading risk over a period of time and the insurers are always going to make some payments out. How does that work equate with the amount of money taken in?