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
Bernard Durkan (Kildare North, Fine Gael)
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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?