Dáil debates
Tuesday, 21 May 2024
Ceisteanna Eile - Other Questions
Insurance Industry
10:15 pm
Neale Richmond (Dublin Rathdown, Fine Gael) | Oireachtas source
I thank the Deputies for their supplementary questions. With regard to the issue raised by Deputy O'Sullivan, I was not aware of the specific issue with regard to modular builds and I will seek a conversation with the Minister, Deputy Foley, to see whether we can get resolution. It is of major concern to all of our constituencies. To respond to Deputy Durkan's point, we do work with the national claims information database and we do see this area.
With regard to the points raised by Deputies Ó Murchú and Doherty, we speak more generally about insurance. We have seen reductions in motor insurance and we will park that. With regard to public liability insurance, we can see areas where we quite simply have not seen reductions. I agree with Deputy Doherty, and I am not looking to disagree with him, that I am not happy with this at all. I made this point quite clearly with the insurance companies. I am no spokesperson for anyone here. I am Minister of State at the Department and I am a representative of the people of Dublin Rathdown. This is why I seek to make sure we do get lower premiums. We will continue to work on this. We look at lessening the hardening impact when we compare the situation here in Ireland with the United Kingdom where we see even larger increases. I will take on board the points made in the contributions of Deputies Doherty and Ó Murchú and we will see where we come to in a couple of months' time.
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