Oireachtas Joint and Select Committees
Thursday, 8 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion
11:00 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
Young drivers and old drivers are becoming major casualties. What would give comfort in this regard? What type of regulatory regime should be in place here that would bring other insurance providers into the market, thereby bringing about what would be termed a sustainable level in which insurance premiums for younger drivers, older drivers and other groups would decrease to a realistic level? When responding to that, Mr. Faughnan might indicate whether a comparison of insurance premiums in the United Kingdom - I will not say mainland Europe - with those in Ireland has been undertaken.
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