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
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
I will be very quick. I would like to ask about the SFCR reporting for 2016 and the Solvency II rules. I presume they must be met in the other jurisdictions where these products are offered.
How can that be offered as a reason for a rise of X percent in premiums? If that were the case, the rise in premiums and profits in other countries and jurisdictions should be similar to here.
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