Written answers
Thursday, 24 February 2005
Department of Enterprise, Trade and Employment
Insurance Industry
5:00 pm
Bernard Durkan (Kildare North, Fine Gael)
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Question 127: To ask the Minister for Enterprise, Trade and Employment the extent to which the cost of public liability insurance has been reduced in the past two years; and if he will make a statement on the matter. [6460/05]
Micheál Martin (Cork South Central, Fianna Fail)
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Since the establishment of the Irish Financial Services Regulatory Authority on 1 May 2003, under the aegis of the Minister for Finance, I have no responsibility in the supervision and regulation of insurance undertakings. I am not in a position to supply the information requested as my Department does not collect the data in question. I am aware that the Irish Financial Services Regulatory Authority has been investigating the provision of information for public liability insurance. The Deputy may wish to contact the Irish Financial Services Regulatory Authority directly in this regard.
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