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
Mr. Maurice Priestley:
It is not unreasonable.
The value it put on it of €15,000 is, again, probably not unreasonable as an average figure. The real issue is that it has always been that way. There is no suggestion that it has changed over the years. There has always been an issue between the level of damages in Ireland and the level in the UK, particularly for soft tissue claims. That has not changed as far as I am aware over the years. Why it has been identified now as a particular issue in the context of the increase in premiums is difficult to understand. As Mr. Conor O’Brien said, unless the data behind the facts being put out is made available, it is very difficult to comment further on it.
No comments