Pre-tax profits down 9% Harney’s insurance firm

Pre-tax profits last year at the insurance firm where former Tánaiste, Mary Harney serves as a director decreased by 9% to €20.7m while directors’ pay almost trebled.

Ms Harney was appointed to the board of Dublin-based Euro Insurances Ltd in February 2012.

New accounts show that the firm’s revenues from gross premium revenues in the 12 months to the end of December increased from €151.4m to €157.6m.