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

Mr. Bradley would be happy with the same level of oversight as exists in Britain. As I am sure Mr. Bradley is aware, in Britain the company has to show the UK Financial Conduct Authority what the level of premiums would be if the awards had not been cut, so it can be very clearly identified whether all of the reductions in awards have been passed on to the consumer. Is Mr. Bradley saying that he would be happy if there were changes and that he would subscribe to them?

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