Dáil debates

Wednesday, 17 April 2019

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Insurance Industry

11:10 am

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

I agree with the Deputy that the matter has to move beyond simply attacking those within the industry. That is why the work the Minister of State, Deputy D'Arcy, has done is so important because he is looking to tackle some of the root issues that are contributing to this problem. I also agree with the Deputy that if costs in this area for those who are providing insurance are high, and higher versus elsewhere in Europe, that will have an effect on the pricing and availability of policies. We need to call out areas in the industry that we believe need to change. We are doing that but we also need to address issues they are raising in an effective and fair manner.

On the point the Deputy put to me regarding information on deterrents within our court system, I believe we will have information available on that in an accessible manner within the next number of weeks. We will then share that with the Oireachtas committee so that the Deputy will be able to see it.

In terms of my role on this issue, I am absolutely committed to making further progress on this matter to support the Minister of State, Deputy D'Arcy, in his efforts and to addressing this issue further myself, not only because of the issues Deputy McGrath and other Deputies have raised but also because of the issue this presents to our economy overall.

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