Oireachtas Joint and Select Committees
Thursday, 3 October 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion (Resumed)
Mr. John Quinlan:
One is looking at lots of different moving parts within that. One is looking at benign weather, which is a factor. We have a hurricane, potentially, on the way, which can cost a multiple of millions of euro in damage. When one considers the return that we make the figure I would always consider is our combined operating ratio.
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