Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

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

Developments in the Insurance Industry: Discussion

Mr. Tomás O'Midheach:

We made a decision to apply these immediately. We did a calculation of what the amount ought to be and we have applied that amount. It has been applied in the case of motor insurance. Our calculation of that amount has been applied to the rating and it is now live on the market.