Oireachtas Joint and Select Committees
Wednesday, 26 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion (Resumed)
Steven Matthews (Wicklow, Green Party) | Oireachtas source
If I could come back in on that, Mr. Bradley referred to one-in-200-year events. Flood defences are designed and constructed to anticipate one-in-100-year rain events or one-in-200-year coastal or river floods. In some areas where flood defences have been put in, people are still not in a position to get insurance. Given that all these flood defences are designed for a one-in-100-year event, a one-in-200-year event or a one-in-300-year event, why are people not able to get home or business insurance in areas that have historically flooded but which now have flood defences with that design capability built in?
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