Oireachtas Joint and Select Committees

Wednesday, 22 October 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

Competitiveness and the Cost of Doing Business in Ireland: Discussion (Resumed)

2:00 am

Mr. Vincent Jennings:

I will limit my answer to one word, and that word is "greed". It is a result of the insurance companies' greed. They keep wanting more and not giving anything. Members must collectively be furious because every one of them broke their backs to give society all assistance in this matter but the insurance companies took and took. What are they saying now? They claim they cannot reduce premiums until this or that is done. Enough is enough. They must not be given one more thing until all our insurance premiums, liability and motor, go down and stay down. I apologise; that was a few sentences rather than just one word.

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