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. Gary Dunne:

Our society has no access to data that would give evidence either way. The more data, the better. The volatility of awards will generally mean there is a higher level of uncertainty and that tends to mean higher prices purely because it goes one way. Awards go up. They can only go down by a limited amount.

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