Oireachtas Joint and Select Committees
Thursday, 20 April 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein)
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So it turned out to be as bad as it looked.
I wish to ask Mr. Makhlouf about dual pricing, particularly in the context of motor insurance. He will know that in this Oireachtas my party colleague, Deputy Pearse Doherty, had a particular interest in this issue and did a considerable amount of work on it on foot of evidence received from the public. Loyal customers were being charged more than customers who were taking out an insurance policy with a company for the first time. The Central Bank has done some work on that. Has that issue been sorted, from the Bank's point of view? Is Mr. Makhlouf clear about the issue I am referring to?