Oireachtas Joint and Select Committees

Thursday, 15 November 2018

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

Cost of Insurance Working Group Update: Discussion

9:30 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

I do not instruct the Garda on what it must do or how it should investigate these matters. We have the proposals and I have written to Commissioner Harris who has replied. The Commissioner is getting his feet under the desk and I do not want to be a burden to him. He has serious issues to deal with. For example, we are all aware of what happened in Drogheda in the past couple of days. I expect to meet the Commissioner before Christmas when I will raise all these matters directly with him. I will see what his opinion is at that stage.

I do not have a magic wand to instruct the Garda, DPP, Courts Service, Central Bank, State Claims Agency, Personal Injuries Assessment Board, PIAB, and other Departments involved in the insurance sector. This is a big and broad sector and we are moving in the right direction. The Deputy also chooses to ignore the 23% reduction in the cost of premiums. That is the one figure he has not highlighted.

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