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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I must interrupt here. I have asked Mr. Hassett to back up that claim as well. Is it not the case that the Insurance Ireland fact file gives the average price per insured vehicle and then gives the average price in 2017? Is it not the case that using those data we see an increase in premiums rather than a reduction? Again, we have the insurance industry suggesting that premiums peaked in 2016 and reduced in 2017. However, using Insurance Ireland statistics published in the Insurance Ireland annual report, it does not take a genius to figure out that we actually have an increase rather than a decrease.

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