Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Mr. Philip Bradley:
It is a factor, but I return to something I said earlier. When the PIAB was established in the early 2000s there was a 41% reduction in premiums. Clearly when there was a major change previously which reduced the cost of claims, that fed through to customers. It will happen again.
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