Insurance companies ‘raking in even bigger operating profits’ than what Central Bank reports

NCID reports use after-tax rather than pre-tax figures, ‘underplaying level of profitability’, Sinn Féin’s Pearse Doherty says

Insurance companies are making much higher profits than reported

Insurance companies are making much higher profits than reported, it has emerged.

Motor insurance companies and public and employer liability insurers collectively made up to €50m more in profits last year than previously indicated.

source

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