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
Mr. Conor Faughnan:
As I did not look at fresh data on this, although I do have them, I will make a slight guess on it net of our recent increases. If we strip out the currency wobbles, I would say one is looking at an Irish insurance premium perhaps being 10% to 15% more expensive than its British equivalent, and, of course, ours is trending upwards.
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