Oireachtas Joint and Select Committees
Tuesday, 23 April 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform
Estimates for Public Services 2013
Vote 11 - Public Expenditure and Reform (Revised)
Vote 12 - Superannuation and Retired Allowances (Revised)
Vote 13 - Office of Public Works (Revised)
Vote 14 - State Laboratory (Revised)
Vote 15 - Secret Service (Revised)
Vote 16 - Valuation Office (Revised)
Vote 17 - Public Appointments Service (Revised)
Vote 18 - Shared Services (Revised)
Vote 19 - Office of the Ombudsman (Revised)
2:55 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
It is certainly worth pursuing. The argument made by insurance plcs when I speak to them is that they have taken a significant hit following the serious weather events we have had since 2008 and 2009 and it makes the Irish market less attractive. They tell me that the Irish market is effectively the same as Manchester in the United Kingdom in terms of its size and scale and that there are significant risks involved because of the weather events. We would encourage any insurer, public or private, who would want to move into the space of insuring risk. I will take up the Deputy’s suggestion and propose to meet the company. I do not see any difficulty with doing that and it might be useful to do so.
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