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
Mr. Stuart Gilhooly:
The answer to that question is that we do not know. We know that the PIAB dealt with 33,000 cases in 2015. It is my understanding that around 70% of those were motor insurance claims. That would give a figure of 20,000 to 22,000 motor insurance claims with the PIAB. However, part of the problem is that we do not know what claims do not go to the PIAB because some of them may be settled before they get there.
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