Profits double at health insurer Laya after two premium rises in 2024 

Last month, Laya increased its prices by an average of 4.5% where it blamed higher demand for private and high-tech healthcare and new advances in medical technology for its higher costs

Last year Laya imposed two premium price hikes on its customer base.File picture: Andres Poveda 

Pre-tax profits at the one of the country's largest health insurers, Laya Healthcare, last year more than doubled to €19.02m.

New accounts filed show that pre-tax profits increased by 108% from €9.13m in 2023 to €19.02m last year. This followed revenues rising by 2.5% from €100.85m to €103.39m.