Oireachtas Joint and Select Committees

Thursday, 1 June 2017

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

Motor Insurance Costs: Minister of State at the Department of Finance

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael)
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The Setanta judgment in the Supreme Court should bring about a reduction in premiums. As the regulator, does the Central Bank have the power to request motor insurance companies to provide details of the breakdown of premiums, in particular the element of the premium which could bring a discount in relation to the uncertainty arising on foot of Setanta?