Oireachtas Joint and Select Committees

Thursday, 24 May 2018

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

Insurance Costs for Community Groups: Discussion

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

However, there is a lack of transparency about it. If it was the case that the levels of claims and legal fees have gone up significantly, I would be able to say, "that is the case". The problem is that no matter what information we seek, it is never forthcoming. Various groups appear before the committee. My sugar levels are low today and I am calling it as I see it. When people appear before the committee they just hold the line for the hour or two of the meeting and we are none the wiser. There is an onus on the insurance industry to show us the money. FBD is a great employer. My car insurance is from FBD and it is a good, reputable company to deal with. It is Irish and nationwide. However, there is a perennial issue with the industry. If the insurance industry came forward and gave us the hard data, that would be that. The problem is that the insurance industry is not giving us the hard data. If anything, it is fighting it every inch of the way, so we cannot get down to the facts. Can the witnesses give me any indication in terms of figures?

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