VHI surplus almost halves on claims rise and investment losses

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Health insurer reports €34.3m surplus for 2022 alongside €18.6m loss on bond-heavy investment portfolio

That brought the total amount of rebates since 2020 to €450 million. However, the company said in January that it would be increasing plan costs by an average of 4.8 per cent this year, blaming increased demand for healthcare and the rising costs of providing services to customers.Further disclosures on the VHI Insurance unit’s performance, contained in a so-called solvency and financial conditions report posted on its website, show that its investments portfolio made an €18.

Income from Vhi’s other insurance products and services, sold by the company as an intermediary for other underwriters and including VHI MultiTrip travel coverage, VHI Dental, VHI International and VHI Life, jumped to €37.8 million last year from €26.2 million recorded in 2021.

 

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