Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Costs of Motor Insurance: Discussion (Resumed)

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I seek clarification about information that Dr. Roux has given us here. He has watched a gross underwriting loss from 2009 to 2012, with the exception of 2011, jump from €189 million to €213 million and, in 2015, to €333 million. I shall question Dr. Roux on the matter later as members wish to finish asking questions.

The Central Bank operates below its full complement of staff. Is that a policy matter? Is it due to the bank's inability to find the right people to fill vacancies?

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