Donohoe warns insurers could reduce investment if taxed over state supports | Business Post

Paschal Donohoe said he wanted insurers to return the value of state supports they had deducted from payouts to customers rather than seeing the funds used to offset the companies’ own costs. Picture: RollingNews.ie

Taxing insurance companies to recoup public money provided to businesses throughout the pandemic could risk insurers reducing their investment in Ireland, Finance Minister Paschal Donohoe has warned. Donohoe said he wanted insurers to return the value of state supports they had deducted from payouts to customers rather than seeing the funds used to offset the companies’ own costs.Subscribe from just €1 for the first month!

InsuranceRefIre peterodwyer1 This. This is why we need to make Ireland as attractive as possible to insurance co.s. Then we will have the flexibility to push them on price etc. Reducing the risk of compensation liabilities is one of the best ways of doing this! You’ve had years to fix it Paschald!

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Paschal Donohoe: Time to gently remove the crutch of pandemic supports | Business PostThe finance minister outlines why the government is phasing out the measures that have propped up businesses over the last two years
La source: businessposthq - 🏆 8. / 71 Lire la suite »

Bacik proposes paid leave for post-abortion complications | Business PostLabour TD’s suggested legislation also includes paid leave for early miscarriages and for women undergoing IVF treatment
La source: businessposthq - 🏆 8. / 71 Lire la suite »