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
Frank O'Rourke (Kildare North, Fianna Fail) | Oireachtas source
-----there was never any big shout about it. The big problem is the huge increases over the past two or three years. There have always been minimalistic increases but not to the extent we have had recently.
Mr. Faughnan indicated that premium increases here were between 10% and 15% higher than in the United Kingdom. How do we compare with other European countries? Have claims increased significantly more here than in other countries in the past three years and, if so, is this reflected in the increase in premiums? I wonder how all this squares.
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