Oireachtas Joint and Select Committees

Wednesday, 15 December 2021

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

Insurance Issues: Engagement with Insurance Companies

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

Does Mr. Thompson envisage that there will be further reductions in premiums? Obviously, the personal injuries guidelines have reduced awards by more than 10%. I am not saying there should be an absolute correlation between a reduction in the awards and a reduction in the premium, but is it envisaged that the RSA Group will have greater reductions it will be able to pass on to the consumer?

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