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 Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

I believe this is our fifth session of hearing from the various people we have invited to appear before the committee, and we have heard from many people. During the hearings we have heard about averages of 35%, 40% and 45% in the wider motor insurance industry. It is clear that Ms Murphy's industry is being targeted far more, by tenfold multiples. She is saying that somebody who was paying €3,000 is now paying €9,000 or something similar.

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