Oireachtas Joint and Select Committees

Wednesday, 7 September 2016

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

Rising Cost of Motor Insurance: Minister of State

11:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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I cannot speak for the Central Bank. It is a part of the working group, where it is taking an active role, and vice chairs at least two subgroups. Since starting our work in July, no specific concerns have been brought to my attention other than those that have been expressed to the Deputy about what the Central Bank feared was happening in the market in terms of provisioning and what needed to be done to correct that situation. I do not want to speak for the Central Bank. Since I presume that it will appear before the committee, that would be the appropriate place to-----