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

If the judges decided the book of quantum was too high and put in place a new book with reduced awards, would the insurance companies reduce their premiums immediately? It would be preferable if the Judiciary reviewed this on a voluntary basis rather than having to put it through the whole legal process. Will the insurance companies reduce their premiums by what the Judiciary reduces the book of quantum?

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