Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Developments in the Insurance Industry: Discussion

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

What do the companies do with their cash flow? They have a good cash flow and moneys to invest on any given day or week, sometimes very considerable amounts. Is it put into a bank account with a return of 1% or 2% or is it invested in a fund?

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