Annual profits rise 16% at Mary Harney insurance firm

Pre-tax profits at the insurance firm where former tánaiste Mary Harney serves as a director increased by 16.5% to €24m last year.

Ms Harney was appointed to the board of Dublin-based Euro Insurances in February 2012. Newly filed accounts show the firm also boosted revenues, last year, by 5% to almost €166m.

Ms Harney is one of five board members at the Dutch-owned firm, which paid €17.8m in dividends to shareholders last year.