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:
We said that typically, in a litigated case, legal fees add 40% to the cost of a claim. It is hoped that what we will see under the new national claims information database, NCID, from the Central Bank will be the first lens on this. It is very difficult for us to comment. We are aware that there are costs there but we do not have precise data on that.
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