Oireachtas Joint and Select Committees
Wednesday, 26 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion (Resumed)
Steven Matthews (Wicklow, Green Party)
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I have been contacted by people who say they cannot get home insurance because of flood risk, even where flood defences have been constructed. Is Mr. Bradley saying there is no issue there then, for any insurance companies? If there are flood defences constructed by the OPW, with a one-in-100-year, a one-in-200-year or a one-in-300-year event design capability and they are signed off on, insurance companies will provide home and business insurance in all those cases. Is that correct?