Oireachtas Joint and Select Committees

Thursday, 16 December 2021

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

General Scheme of Insurance (Miscellaneous Provisions) Bill 2021: Discussion

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

I thank Mr. Boland. That was quite interesting. Another thing that we discussed was the Judicial Council (Amendment) Bill. I asked whether the Bill would require insurers to provide audited reports to the Central Bank detailed whether these reduced claims costs arising from personal injuries guidelines have been passed on to consumers. In the past two weeks, both insurers and the Central Bank have come in front of this committee and made it clear that the national claims information database cannot provide that information. What are Mr. Boland's views on that Bill and whether its enactment would have helped?

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