Advertisement

Insurers make profits on motorists during lockdown

Profits that insurance companies have made during lockdown

Share this article

09.39 16 Nov 2021


Insurers make profits on motorists during lockdown


Listen to this episode


Share this article

09.39 16 Nov 2021


Insurers make profits on motorists during the lockdown. The average cost of motor insurance claims per policy has decreased by 20% from 2019 to 2020, while average earned premiums have also decreased by 7% from 2019 to 2020.   That’s according to the third annual Private Motor Insurance Report of the National Claims Information Database, which is published by the Central bank of Ireland today, and to discuss further we spoke to Mark Cassidy is Director of Economics and Statistics at Central Bank of Ireland.

Listen and subscribe to Newstalk Breakfast on Apple Podcasts or Spotify.

   

Download, listen and subscribe on the Newstalk App.

  

You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

 


Read more about

#newstalkbreakfast #newstalkbreakfast #ntbk #newstalkfm Car Insurance Insurance Companies Profits For Insurance Companies

Related Episodes

"Dublin is filthy."...

00:10:32

"Dublin is filthy." Dirty Old Town

The Hard Shoulder Highlights

00:10:32


'This sums up how United make...

00:26:46

'This sums up how United make a mess of everything' | Leona Maguire impresses | THE NEWSROUND

OTB Newsround

00:26:46


The joy of a copy and paste ho...

00:09:04

The joy of a copy and paste holiday!

The Hard Shoulder Highlights

00:09:04


ANDY MITTEN | 'Dysfunctional'...

00:27:09

ANDY MITTEN | 'Dysfunctional' Manchester United | De Jong, Rabiot, Arnautovic & other transfer news

OTB Football

00:27:09