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

See the whole debate « Previous speaker Next speaker »

Mr. Jackie McMahon:

We price our book by product, channel and sector. Broadly speaking, we bundle risk. The principle of insurance is that the premiums of the many pay for the claims of the few.

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