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The Last Word With Matt Cooper

Motor Insurance Profits Grow Despite Fall In Cost Of Settling Claims

According to a major new report from the Central Bank, motor insurance profits have risen despite a...
Sarah Stacey
Sarah Stacey

5:02 PM - 4 Nov 2020



Motor Insurance Profits Grow D...

The Last Word With Matt Cooper

Motor Insurance Profits Grow Despite Fall In Cost Of Settling Claims

Sarah Stacey
Sarah Stacey

5:02 PM - 4 Nov 2020

Listen to this episode



According to a major new report from the Central Bank, motor insurance profits have risen despite a fall in the cost of settling claims.

The report shows that motor insurers in this market collectively made profits of €142 million last year, up from €130 million in 2018.

So are consumers being ripped off?

Charlie Weston, personal finance editor of the Irish Independent, joined us to discuss this story.

Motor Insurance Profits Grow Despite Fall In Cost Of Settling Claims

00:00:00 / 00:00:00


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Motor Insurance Personal Finance

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