Oireachtas Joint and Select Committees

Thursday, 21 November 2019

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

Dual Pricing for Insurance: Discussion (Resumed)

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

It is a feature that is being used. It is clearly indicative of the actual awards. The basis of the Insurance Ireland premise is that the awards are coming down. I wish to add to what Deputy Doherty has said. It is not only that the figure come down 22% overall. For court awards, aside from the Personal Injuries Assessment Board, Mr. Hassett has said that in many cases claimants are being advised legally to go to court. However, the court awards in that period reduced. We have got feedback from the Court of Appeal in particular that the awards have gone down. Why is that not reflected in a reduction in insurance costs?

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