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
Rose 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?
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