Oireachtas Joint and Select Committees
Wednesday, 7 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Minister of State
11:00 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I do not believe that the Minister of State addressed my point on the Central Bank's statement that insurance companies had followed an imprudent pricing and underwriting approach. In the same letter it mentioned how Irish general insurance companies had eroded their capital base and why the Central Bank did not intervene when that was happening.
No comments