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)

Photo of Steven MatthewsSteven 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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