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
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
In the financial report that came out in February, FBD Insurance said that more moderate inflation is evident across the claims environment though the cost of claims remains high. It went on to criticise the lack of urgency in the reforms. Is it the case that there is still inflation in claims but the rate of growth is easing? They are not falling. Can Mr. McMahon elaborate on what more moderate inflation across the claims environment means?
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