Oireachtas Joint and Select Committees
Thursday, 4 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Costs for Small and Medium Businesses: Discussion
Kieran O'Donnell (Fine Gael) | Oireachtas source
That is what we need to find out. From the committee's discussion this morning, I believe that the minimum payout for whiplash is €21,000. I am going by memory. Maybe the Chairman will correct me, but I believe that was the figure. If it decreases to €10,000 and FBD sees a 50% reduction in payouts under the book of quantum across a range of areas, will I see a 50% reduction in my premium?
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