Oireachtas Joint and Select Committees
Thursday, 18 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Central Bank of Ireland
Maurice Quinlivan (Limerick City, Sinn Fein) | Oireachtas source
My question is also about insurance. The Chairman spoke well about the impact it is having on businesses, communities, community groups and the voluntary sector. Everyone is struggling. The spin is that premiums are coming down but people do not see that.
My understanding is that staff from the Central Statistics Office, CSO, in collecting data, ring up insurance companies, identify themselves as being from the CSO and get a quote on that basis. Have our guests confidence in those figures if that is the way it is done? Is that a way to get proper statistics on whether premiums are going up or down? Most people would say that premiums are not going down.
Mr. Cross referred to the claims database. Could he briefly explain what that is and who has access to it?
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