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Figures highlight 20% rise in insurance industry revenue

15/09/2005 - 11:55:05
The Irish insurance industry saw its revenue increase by more than a fifth last year, according to figures published today by the financial regulator.

The regulator said insurance firms took in a total of €26.7bn in premiums last year, a 22% increase on the figures for 2003.

It said motor insurance accounted for almost 40% of the market.

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