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

That is fine, but we also have to put in the third figure, which is the income of the insurance companies over that period. There are the costs of flood defence payments by the insurers and the costs paid by the OPW on flood defences over the 12 years but, in the other margin, is the insurers' income. To look at €697 million in isolation is probably the wrong manner for this committee to do it. It would be good if the Irish Insurance Federation could provide the profit margins of its members over those 12 years.