Oireachtas Joint and Select Committees
Thursday, 8 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Insurance (Amendment) Bill 2017: Discussion (Resumed)
9:30 am
Rose Conway Walsh (Sinn Fein)
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I apologise for being late. We were at the Vótáil 100 show with Ryan Tubridy. Happy International Women's Day to all, even though there are not many women on this committee.
I have a couple of points and I apologise if they have been covered before. Now that we have the system in train to deal with future Setanta-type issues, how much do the witnesses expect premiums to fall by? At the end of the day, this was one of the main reasons the industry gave for the huge price increases in recent years. I and many others imagine this will lead to a dramatic drop in insurance prices.