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

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

As such, 85% of the business is tied into the SME sector. It is very simple then. Everything appears to revolve around the book of quantum and its revision. Once the legislation has passed this committee must engage actively in determining the terms of reference of the revision of the book of quantum. We can pursue a review all we want but the terms of reference will be absolutely key. We seem to have a commitment from FBD Insurance, which is the largest indigenous insurer in Ireland. Where does it rank in the Irish insurance market?

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