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
Kieran 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?