Oireachtas Joint and Select Committees

Thursday, 23 November 2017

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

Scrutiny of the Flood Insurance Bill 2016

9:30 am

Mr. Kevin Thompson:

I cannot comment on individual cases. I can only comment of the memorandum of understanding and the terms. I would argue that the memorandum of understanding is working. Coverage rates have been increasing since the MOU was agreed. I accept that there is a bit of a way to go but the trajectory is moving in the right direction. Coverage rates are increasing and it is our view that they will continue to increase.

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