Oireachtas Joint and Select Committees
Wednesday, 26 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion (Resumed)
Mr. Philip Bradley:
Our profitability for those three years would be between 8% and 9% of premium income. It is important to bear in mind that we must look at profitability of insurance companies over the longer term. If one looks at our profitability over the last ten-year period it has averaged about 5% of premium.