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
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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Regardless of that figure, a significant number of people have had the opposite experience to what Mr. O'Rourke has been explaining to the committee. I have referred to one such case. The individual in question is a loyal Aviva customer but he is expected to pay €138.17 more than he paid last year. I would say this is the same for everyone. This person has been reading the newspapers and watching media coverage showing the indicators that insurance premiums are going down. Like Mr. O'Rourke said, the overall percentages are going down. Why then would customers like the man to whom I referred be facing an increase in premium?