Oireachtas Joint and Select Committees

Thursday, 15 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 Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I welcome the witnesses from Insurance Ireland. I will start with the issue of claims payouts. The latest official data from the Central Bank that we have relate to 2014 and show the total amount paid out in respect of motor liability claims. Does Mr. Thompson have the figure for 2015? Does he have the aggregate figure for 2015 for the overall motor liability claims paid? I trust Insurance Ireland has submitted its returns already to the Central Bank and the statistics will probably be published in the next few weeks.

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