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

Dr. Cyril Roux:

I really think it would be inappropriate for the Central Bank to do such a thing. It is a supervisor, not a one-stop shop. It is the role of insurance brokers to be price aggregators. This is a commercial pursuit. It is inappropriate for the institution of the Central Bank to do such a thing.

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