Chill Insurance sees profits fall by €3.5m despite rising turnover

The insurance provider's current tax on profits stood at just under €2,500

Chill increased its employee headcount from 227 in 2021 to 251 in 2022 ,with staff costs increasing by over 11% to €1.24m between 2021 and 2022

Irish-owned insurance provider Chill saw earnings fall by over €3.5m last year, reporting an after-tax profit of €505,764 in 2022. 

The fall in profit comes despite a more than €700,000 rise in the company's turnover, with newly filed accounts showing an 18% surge of more than €4.3m in administrative costs last year.