Oireachtas Joint and Select Committees

Thursday, 4 July 2019

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

Insurance Sector: Discussion

Ms Fiona Muldoon:

We do not publicly disclose the quantum of premium on marts. It is a heavily loss making sector and I have given the committee the loss ratio. We are paying out €1.60 for every €1 in premium we collect. We are the only mart insurer.

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