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Market cost category Share of market premiums What this covers
Total claims 63% The cost of claims across the total insurance market, including vehicle repairs, property damage, injury claims and related legal costs.
Management expenses 16% The cost of providing and running insurance services including customer support, technology and administration across the total insurance market.
Broker commision 8% Fees paid across the market to brokers for arranging and supporting customers’ insurance policies.
MIBI 4% Mandatory contributions insurers made to the Motor Insurers' Bureau of Ireland. This goes to a fund that helps people hit by uninsured or unknown drivers. 
Reinsurance 4% Insurance for insurers. Protection purchased by insurers to help cover the cost of large or unexpected claims.
Profit 5% What's left over after all costs. Which helps keep insurers financially sustainable and invest in future services.

Latest National Claims Information Database report showing full market view, this does not reflect your own individual premium allocation view.