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EPISODE · Apr 20, 2024 · 2 MIN

High insurance costs putting further pressure on businesses

from Ocean FM News Reports

The government's reform of the insurance sector has been criticised. The criticism comes after a number of insurance companies recorded increases in profits for 2023. It's understood that FBD recorded profits of 81 million euro, while Aviva made a profit of 72 million euro last year. Local Sinn Fein Councillor, Arthur Gibbons, says despite the high profits, businesses are still struggling to deal with high insurance costs.

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High insurance costs putting further pressure on businesses

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This episode was published on April 20, 2024.

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The government's reform of the insurance sector has been criticised. The criticism comes after a number of insurance companies recorded increases in profits for 2023. It's understood that FBD recorded profits of 81 million euro, while Aviva made a...

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