Oireachtas Joint and Select Committees

Wednesday, 4 May 2022

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

General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Come on. What is a reasonable profit? The Central Bank has called the profits of the insurance industry hyper-profits. In motor insurance, it was 12%, four times what it was in the previous decade. Insurance CEOs were telling us that the profit they would look for is about 4%. It is 12%.

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