Written answers
Tuesday, 10 July 2018
Department of Finance
Insurance Costs
Michael McGrath (Cork South Central, Fianna Fail)
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166. To ask the Minister for Finance when the next quarterly update is being published by the cost of insurance working group; and if he will make a statement on the matter. [30052/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy will be aware from a recent response to a PQ, it had been planned that the next quarterly Progress Update would be released before the end of July. Work is ongoing but it is still envisaged that this report will be completed by the close of the month. Having said that, it may be August before it is ready for publication on the Department of Finance website.
The update, which will be the sixth such quarterly report from the Cost of Insurance Working Group, will provide details on the implementation of all of the recommendations from both the Report on the Cost of Motor Insurance and the Report on the Cost of Employer and Public Liability Insurance. However, a particular focus will be placed upon the 14 actions across the two Reports – seven from each – with Q2 2018 deadlines.
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