Failure to sell insurer would trigger a new crisis

THE state could find itself in even more financial turmoil if it is unable to sell VHI in the already volatile insurance market.

Failure to sell insurer would trigger a new crisis

Speaking after the shock announcement that Ireland’s largest health insurer is up for sale, Permanent Health Insurance (PHI) Consulting managing director Dermot Goode warned that the Government move could potentially result in a serious financial hazards.

Mr Goode, an insurance analyst for over two decades, said the decision to put VHI on the market made sense in principle.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited