Wednesday, 18 December 2019
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
We had a number of questions that I answered earlier regarding insurance. I do not wish to add to that, other than to say that everyone in the House will be aware that the Government does not set the price of insurance, because it is a private market, but we can improve the environment in which the insurance sector operates. One of the big reforms brought in only this week is the establishment of the Judicial Council. That will lead to a committee of judges that is going to review the level of awards paid to people when it comes to personal injuries and other issues. We are confident that will help to bring down premiums in the future.