Oireachtas Joint and Select Committees

Thursday, 1 December 2016

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

Costs of Business Insurance: Discussion

9:30 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

The Licensed Vintners Association makes a good point that, despite what we might hear, there is actually very little evidence that higher claims costs or increases in legal fees are leading to higher premiums. I am not saying these are not factors but there has been a dramatic increase in premiums. The increase cannot be attributed to them, at least not in the whole. Has the delegation met Insurance Ireland or the Central Bank to question them about their business model or the effect on the decreased dividends from their investments?

Comments

No comments

Log in or join to post a public comment.