Dáil debates

Thursday, 14 February 2019

Ceisteanna Eile - Other Questions

Insurance Costs

11:50 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I propose to take Questions Nos. 11 and 12 together.

I was listening to what the Deputy said. I will give him a brief answer. Of course I am aware of the strain to which the Deputy is referring. The problem of rising premia in respect of motor insurance in particular was the main impetus for the establishment of the cost of insurance working group, chaired by the Minister of State, Deputy D'Arcy. The working group is continuing to implement the recommendations of the 2017 report on the cost of motor insurance and those of the 2018 report on the cost of employer and public liability insurance. Both of these reports contain action plans.

The seventh update was published last November. It shows that 63 of the 78 different deadlines relate to actions which have now been completed. It is envisaged that the next quarterly progress update will be completed by the end of this month. It will concentrate on outlining the definitive position in respect of all the recommendations of the motor insurance report as the last of the deadlines within its action plan passed at the end of 2018.

With regard to the other report, the vast majority of the total of 26 actions which were due for completion have now been accomplished. I remain confident that any outstanding action points will be completed within the coming months, along with the three remaining action points whose deadlines are set for various quarters of 2019.

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