Health insurer Laya posted 22% profits rise in 2015

Laya, the country’s second-largest health insurer, posted a 22% increase in profits in 2015, but faced increased claims from public hospitals last year.

Pre-tax profit at the Cork-based insurer increased to €15.7m, according to new accounts.

Revenues at Laya Healthcare Ltd — formerly Quinn Healthcare — rose by 15.5% to €59.27m.