Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Mr. Philip Bradley:
No, I would not. We must look at profitability over a period of years. Last year was a very strong year, but on average for the last five years the profit we made was approximately €38 million per year. That is the level of profitability required for a shareholder to wish to continue to operate in this marketplace.
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