Michael D'Arcy (Wexford, Fine Gael)
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That is the case for the time being but we will start collecting date on employer's liability and public liability insurance in 2020. We hope to have the motor insurance information at the end of quarter three or start of quarter four but by the end of quarter four at the latest. We thought it appropriate to start with motor insurance information, get established and have this done correctly first, before dealing with employer's liability and public liability insurance. We have been dealing with the CSO regarding the compilation of data similar to the information on motor insurance increases and decreases. There is, however, a major variance between employer's liability and public liability insurance calculations because these types of insurance range across everything from a circus to an abattoir. The CSO data for motor insurance is solely concerned with vehicles. This is a difficult problem, on which we do not yet have a handle but we are working on it. We are down to one option and if we cannot get that option to work, we do not believe it will be possible to do a CSO analysis of employer's liability and public liability insurance. We are not trying to pretend that we are able to do something that we are not able to do.

I apologise if I do not fully grasp the meaning of the amendment. It states: “(6) The Central Bank shall report on the addition of public liability insurance to the Non-Life Insurance (Provision of Information) (Renewal of Policy of Insurance) (Amendment) Regulations 2018 within one month of the passing of this Act.”. The purpose of the amendment is to achieve what we are trying to do and what we will do with employer's liability and public liability insurance on the national claims information database in respect of the CSO providing information on increases and decreases. We are not sure, however, that we will be able to do that and I do not think the amendment does that either.