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 Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

That would be 50 divided by 372. That is a 13.4% margin. That is well above the figure sought. Allianz was looking for a margin of 6% and made 7.4%. AXA looked for a margin of 5% and got nearly double that at 11.56%. FBD was looking for a margin of 8% and had 13.4%.

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