Oireachtas Joint and Select Committees

Thursday, 4 July 2019

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

Insurance Sector: Discussion

Photo of Paul MurphyPaul Murphy (Dublin South West, Solidarity) | Oireachtas source

If that €3 billion had not gone in profit to shareholders since 2002, would that not have resulted in a collective reduction in premiums of approximately €3 billion? It is the profit people pay for in their premium. They do not get any benefit from it.

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