Press Releases

Contact our Press Office

Brighid Smyth
Head of Corporate Communications
For media queries only:
Tel:(01) 6147348

Mobile:086 8270905

Barbara Coyle
Corporate Communications Manager
For media queries only:
Tel: (01) 6197473

Mobile: Mobile:086 8371701
Press Team Fax: (01) 8741950

Annual Reports

Vhi Healthcare announces surplus after tax of €65 million for Financial Year 2013

-Significant New Reinsurance Agreement in place with Berkshire Hathaway
-Authorisation Application has been made to Central Bank of Ireland

17th June, 2014 - Vhi Healthcare announced today that it recorded a surplus after tax of €65 million for its consolidated business for the year ending 31st December. This surplus represents a margin of 4.4% on a premium income of €1.49 billion, an improvement on the surplus of €54.3 million or 3.8% margin on a premium income of €1.43 billion achieved in 2012. At the end of 2013, Vhi Healthcare had free cash reserves of over - 389 million, bringing the company‚Äôs solvency level to 156% compared to 108% in 2012 and 100% in 2011. Vhi Healthcare also announced that it had finalised a 4 year reinsurance agreement with Berkshire Hathaway and had made an application for authorisation by the Central Bank of Ireland.
Click here to view Vhi Healthcare's full press release in relation to this year's annual report 2013 Year End Annual Report - English
2013 Year End Annual Report - Irish