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
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
Did Mr. Sheridan not say to Dr. Roux, for example, that the alarm bells rang in 2012 with €34 million of a loss, and then immediately, in 2013, it went to €189 million? Did Mr. Sheridan not say that from the experience in the banking sector, there is something definitely out of kilter here and the Central Bank had better take immediate action, as anyone else would do?
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