Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The issue of insurance was raised previously and I wish to focus on a specific aspect. Insurance brokers are telling me that there are serious concerns about general insurance people being able to get insurance from next year and about the views being taken by underwriters in the UK. I ask that there be direct engagement by the subgroup in the Cabinet with the Central Bank. The Central Bank needs to engage with the underwriters in the UK as to what is their concern, be it related to Brexit or other issues. SAVA Insurance Group has pulled out of the market in the leisure sector. The Taoiseach is probably aware that it is a Slovenian insurance group. However, this is a more general point. I am a believer in prevention rather than cure. There is a need for engagement between the Central Bank and the underwriters in the UK.

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