Dáil debates
Thursday, 29 May 2025
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Insurance Industry
2:15 am
Paschal Donohoe (Dublin Central, Fine Gael)
With regard to motor insurance, it is the case that the figures in the year to date are up 9.7%. If you look at where it was for the month of April, they were up 0.2%. The figures are now 34.4% lower than they were at their peak in 2016. If you look at motor insurance, prices are now down by 2.2% since the implementation of the personal injuries guidelines and down 5.1% since the Cabinet sub-committee on insurance reform was set up. We have seen some developments there.
The Deputy is at it again. He is inferring that the Government is doing nothing, when I have laid out what the Government is doing. What we will be doing now is that I and the Minister of State, Deputy Troy, will be working on the new further action plan for reform. We will also be engaging with the insurance sector and looking at what further options we need to consider. We have done our bit, and so has the Oireachtas. We need to see better value for the consumer as a result of that.
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