Press Releases

Contact our Press Office
Brighid Smyth

Head of Corporate Communications
E-Mail: brighid.smyth@vhi.ie
For media queries only:
Tel: (01) 6147348
Mobile: 086 8270905
Niamh Walker

Corporate Communications Manager
Vhi Group Services DAC
E-Mail: niamh.walker@vhi.ie
Tel: (01) 887 1825
Mobile: 086 608 6764

Annual Reports

Profits continue to be reinvested in customers with Vhi announcing a further 2% price reduction from July 1st 2018
1st May 2018: Vhi Group today published its annual report and accounts for the year end 31 December 2017, the year in which Vhi celebrated 60 years in business. Vhi reported a net surplus of €75.3 million and paid claims amounting to €1.329 billion. For the third year in a row membership numbers grew, leading to an increase in Private Medical Insurance (PMI) membership of 1.075 million, up from 1.069 million at year end 31 Dec 2016.

Commenting on the results, John O'Dwyer, CEO Vhi Group said: "The business continues to perform well, a consequence of a strong underlying membership performance and an unrelenting focus on cost and financial management. This consistent strong financial performance allows us to continue to reinvest our profits back into the business directly for the benefit of our customers. Vhi exists solely to meet the healthcare needs of our customers and over the past year we have been doing this by enhancing the benefits available on our plans while also reducing our prices. In the past year there has also been a significant reduction in claims from our customers in public hospitals, many of whom are now choosing to be treated as public patients when receiving care in a public hospital. This too is helping to bring down the cost of health insurance for all."
For details of the full press release please click here
Vhi's 2017 annual report
In English
Vhi's 2017 annual report
In Irish

Solvency and Financial Condition Report (SFCR)

Vhi Insurance DAC's Solvency and Financial Condition Report

2018

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