Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The claims ratio, that is, the amount that is paid out in claims as a proportion of the premium earned, is below the European average. European insurance companies have a higher claims ratio. They pay out more on claims compared with the earned premium they bring in. Do our guests accept that the European average is 76%, which means that each of our guests' companies has a claims ratio of approximately 10% below the European average? It is well below Britain, which has a ratio of 92%, and Germany, Poland, Portugal, Turkey, the Netherlands, Spain, France and Italy. Do our guests accept that?