Dáil debates
Thursday, 10 November 2016
Ceisteanna - Questions - Priority Questions
Motor Insurance Regulation
3:55 pm
Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source
One will hear from the industry about how the insurance sector in Ireland works in super cycles, which is incredibly damaging for the economy. The ability for super cycles to play out again in the future is limited. We do, however, have a recommendation which will speak to a more long-standing commitment in terms of a commission which will keep us under constant review. The working group will continue to sit for at least the rest of next year. We need to ensure the recommendations are being implemented to the timeline that we will have. Once we have done our report on motor insurance, we will move into other non-life areas, which are issues of concern for the business community.
No comments