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
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
No. What I am saying is the 23% reduction is because of the 62 recommendations and all of the work we have been doing by analysing this sector. There will be a further decrease when we establish the national claims information database and the judicial council. The first piece of work that the judicial council should do is, following on from the PIC report, is recalibrate the book of quantum. Our book of quantum is way out of kilter with every other jurisdiction.
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