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
Paul 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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