Oireachtas Joint and Select Committees

Wednesday, 14 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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Insurance Ireland will come before the committee but, as Mr. Dunne indicated, we do not have the data and the society does not have the data. However, given his very senior position within Zurich plc, the sixth largest insurance company in Ireland in terms of motor insurance, which was still recording underwriting losses in 2014 according to the Central Bank’s accounts and published statistics, will Mr. Dunne give an insight, as he had an overview of a number of continents, as to why Zurich plc increased premiums so dramatically in recent years?

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