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 Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

If claims make up 70% of business and there is a reduction of 40% in the value of claims, would that not make the reduction of 10% in the price of insurance seem quite small? If a 40% fall in the majority of the costs the insurance companies deal with translates to a 10% reduction in the cost for customers, does that reduction not seem small?

Comments

No comments

Log in or join to post a public comment.