Oireachtas Joint and Select Committees

Tuesday, 13 September 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Cost of Motor Insurance: Discussion (Resumed)

11:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Okay. I wish to raise the issue of car rentals. Mr. Paul Redmond said that an insurance operator that provides motor insurance said a car rental company has seen its third-party liability costs in Ireland trebling in the past four years. How has that situation arisen in the past three years? Why are we suddenly seeing that since 2014 in Mr. Redmond's own business, as well as with ordinary motorists, road hauliers and taxi drivers? Is there a reason that has happened in the past three years? Can one just put it down to claims?

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