Gerry Horkan (Fianna Fail) | Oireachtas source

This committee has spent much time dealing with motor insurance costs and has engaged with many different stakeholders, including the Central Bank. The Governor referred to a legislative change being required for the Central Bank to compile a motor insurance database to give us more accurate information. How far away is that change? Has the Governor seen sight of a timetable for giving the Central Bank powers to compile this database? The issue of the lack of visible aggregated data from the insurance companies to back up their claims was important at our hearings.