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:
We have figures that I cannot provide, unfortunately, under competition law. Given the components of our premiums we will pass back anything above our 5% margin. We are absolutely committed, pound for pound, to return that by way of reduced premiums. I cannot give an exact figure but I can tell the Senator that we have done calculations.
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