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
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
The arbitration itself is behind closed doors so the public, the industry generally, the Central Bank or indeed, any other interested party, will not know the outcome of such a process. The Central Bank "expects insurers to consider publicly available outcomes of legal actions". In other parts of that correspondence of 11 June 2021, being more open and transparent is mentioned. Before I move to the other witnesses, does Mr. Thompson wish to comment on that part of it?
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