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)
Mr. Gerry Hassett:
First of all, the cumulative number of awards has gone down but the average award has gone up. It has gone up by 15%, driven by the removal of the cap. The Personal Injuries Commission found that the average award for soft tissue injury is still rising by €900 every year and now stands at €20,826. That is the average award and it is four and a half times the UK average and still rising.
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