Oireachtas Joint and Select Committees

Wednesday, 15 December 2021

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

Insurance Issues: Engagement with Insurance Companies

Mr. Aidan Connaughton:

In the period from 2017 to 2020, where 100% would be break even, AIG has returned 105% combined ratio, which delivers a €5 loss for every €100 taken in over that period.

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