Oireachtas Joint and Select Committees
Wednesday, 15 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Issues: Engagement with Insurance Companies
Mr. Aidan Connaughton:
We welcomed the Central Bank's report. It found that differential pricing as distinct from dual pricing can encourage competition and innovation and facilitate market access for some customers. We do not have a dual pricing strategy. We do not use price optimisation tools. We do not model our book based on propensity to renew. We comply with the Central Bank guidance.