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)
Pearse Doherty (Donegal, Sinn Fein)
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Will Mr. Bradley sign up to the same level of scrutiny the company is subject to in Britain? Since the cost of awards for whiplash was cut, AXA, along with AIG and other companies, has to provide to the UK Financial Conduct Authority the level of premium that would have existed if the claims had not been cut and the overall level of awards. Will Mr. Bradley sign up to the same level of scrutiny in Ireland to ensure the company is passing on euro for euro the reduction in awards?