Oireachtas Joint and Select Committees
Thursday, 11 July 2019
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Consumer Insurance Contracts Bill 2017: Committee Stage
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
We had insurance companies before the committee. Representatives from three companies were here. They stated that they would consider giving an explanation but they did not mention any costs when they were before the committee in the past week or so. It is something they can do. I get the impression that they do not do it because they all do not do it, but that they could all do it if they decided to do it. They do not want only one company to do it. They actually indicated that they could do it and never mentioned that they were not doing it because of cost. They were doing it mainly because of competition. In any event, that is simply by way of comment on what happened.
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