Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

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

Developments in the Insurance Industry: Discussion

Mr. Tomás O'Midheach:

In the absence of specifics, I have no idea what the difference could be. We have not seen the specifics of what people are believing to be the costs pre the legal cases being heard, and if it is in the nature of €1 million, whether that is spread over the four cases or one individual case.

When we see the detail, we will see what is generally perceived to be reasonable or unreasonable prior to entry into court.

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