Oireachtas Joint and Select Committees

Thursday, 4 April 2019

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

Insurance Costs for Small and Medium Businesses: Discussion

Mr. John Cahalan:

I do not have the figure to hand currently. All I can say is that the combined ratio on marts was in the order of 160%. They were loss-making and we are the only insurer in this market that will insure marts. We are committed to doing so because that is where our farm customers trade.

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