Oireachtas Joint and Select Committees
Thursday, 8 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Insurance (Amendment) Bill 2017: Discussion (Resumed)
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
This is individual insurance companies which do not have proper reserves or whatever. It is nothing to do with the actual consumer. We have seen it in more recent times with Quinn and Setanta. The Central Bank is taking this over. If it is levying an extra 2%, is that another 25 on top? Am I correct?
No comments