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

-----and that was it.

Before we move on to the book of quantum, the Society of Actuaries in Ireland makes the point that there has been a 42% increase in the number of claims being processed by the Injuries Board. Is that not a reason premiums are rising? We know that the levels of awards are not causing the rise and that the level of solicitor representation has not really increased beyond the margins, so is the frequency of claims not an issue that could have led to the need for the insurance companies to increase their premiums?

Comments

No comments

Log in or join to post a public comment.