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. Declan O'Rourke:
As I said earlier, our renewal premium is lower than our new business, on average. We occasionally have offers online that are usually time barred. There are many factors as part of a renewal premium. Some of our business is capped. We know a lot about the claims and such. On average, our renewal premiums are lower than our new business premiums. There could be differences.
No comments