Oireachtas Joint and Select Committees

Wednesday, 14 September 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Cost of Motor Insurance: Discussion (Resumed)

11:00 am

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

Let us consider profitability in a different way, as an average surplus per policy. How much profit do they make on the average policy? Do the actuaries have any figures for an international comparison? I have seen figures that suggest that the average surplus per policy in Ireland is significantly higher than in Britain, which is a good comparator in terms of the market.

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