Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Insurance Sector: Discussion

Photo of Anthony LawlorAnthony Lawlor (Fine Gael) | Oireachtas source

On personal injury claims, several people have come to me saying that they have been frontloaded almost immediately when the claims have been put in. There is a cost associated with that. Is that built into the company’s profit? No one knows what one will pay out at the end of the year or the whole claim period but the companies frontload many clients who have claims against them.

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