Dáil debates

Thursday, 17 December 2015

12:10 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

The Deputy talked about something slightly different in the case of the Minister, Deputy Michael Noonan. I am perfectly happy to and will write to the new Governor who only took up office two weeks ago to ask him, given that he has a lot of economists working for him, to undertake a detailed review of the matter, as the Central Bank has done in a series of other areas in quarterly reports that are published in the Central Bank's bulletin. We will receive that report and then make a decision on whether another new board is needed or whether an old one needs to be re-established.

We also have to take account of the current online nature of the insurance industry. On a final point, shopping around for insurance, even in a time of higher premiums, does pay.

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