Oireachtas Joint and Select Committees

Wednesday, 17 September 2025

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

Insurance Matters: Engagement with the Alliance for Insurance Reform

2:00 am

Photo of Edward TimminsEdward Timmins (Wicklow, Fine Gael)

Mr. Hanley said 13% profit is typical in Ireland. Insurance companies are obviously multinationals. They are part of groups, etc. I just question that figure of 13%. That is based on an Irish-registered company trading just in Ireland, so are the witnesses confident enough that that figure of 13% for profit relates just to activity in the Republic of Ireland?

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