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Dáil Éireann debate -
Wednesday, 19 Apr 2000

Vol. 518 No. 4

Written Answers. - Motor Vehicle Insurance.

Michael Noonan

Question:

134 Mr. Noonan asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of persons under 30 years of age who took out motor insurance in 1999; the average cost of this insurance; and if she will make a statement on the matter. [12109/00]

I understand that there has been a gradual increase in the level of car ownership among the under 30s in recent years. The Irish Insurance Federation inform me that while there are no statistics available yet for 1998 or 1999, it is estimated that in 1997 approximately 142,000 people under the age of 30 took out compulsory motor insurance in their own name. The average pre mium for this category of driver at that time was approximately £715.

The cost of motor insurance for the driver in his or her twenties is reflective of the difficulties being experienced by young people in securing motor insurance and, indeed, the high cost of compulsory motor insurance cover. I understand this situation is directly attributable to the adverse claims experience of young, especially male, drivers as a risk category. The 1996 Deloitte & Touche report on an economic evaluation of insurance costs found that the average cost of an insurance claim for young drivers is twice that for the more mature motorist and that the former are responsible for over three and a half times the total average claims costs incurred for motorists in the more mature age group.

My re-establishment of the Motor Insurance Advisory Board was a major initiative aimed at providing us with information and advice on trends in motor insurance costs and with policy recommendations for addressing those costs. The board, whose expanded membership includes a member representing young drivers' interests, has undertaken an ambitious programme of work and research, particularly in relation to the basis of charges to young drivers.

The primary focus of initiatives aimed at reducing the cost of motor insurance for young drivers must be on reducing the frequency of accidents and the associated cost of claims. The key to this is to create appropriate conditions for improving their standards of driving and their appreciation of road safety.

Liam Aylward

Question:

135 Mr. Aylward asked the Tánaiste and Minister for Enterprise, Trade and Employment if she will seek a report from the IDA on its proposals to locate a replacement industry at the former Runtal Rad factory at Thomastown in County Kilkenny. [12110/00]

Liam Aylward

Question:

136 Mr. Aylward asked the Tánaiste and Minister for Enterprise, Trade and Employment if she will seek a report from the IDA on its proposals to locate a replacement industry at the former envelope factory at Thomastown in County Kilkenny. [12111/00]

Liam Aylward

Question:

137 Mr. Aylward asked the Tánaiste and Minister for Enterprise, Trade and Employment if she will seek a report from the IDA on its proposals to utilise the industrial development site at Thomastown in County Kilkenny; and, if so, when this will take place. [12112/00]

I propose to take Question Nos. 135, 136 and 137 together.

The management of the industrial property portfolio is a statutory function of IDA Ireland and the attraction of industry to facilities in particular parts of the country is a day to day matter for the industrial development agencies and not one in which I have a direct function.

However, I understand that the former Runtal Rad premises is in private ownership and the owners have not indicated what its future plans are for the premises.
As regards the industrial development site at Thomastown, this is no longer under agency remit. IDA Ireland had 7.6 acres of land at Thomastown. 2.35 acres was sold to WB Ireland – formerly the Envelopes factory – and is now owned by a Kilkenny based developer. IDA Ireland and Enterprise Ireland are continuing to promote the building on this site for industrial development. The balance of the Thomastown site, 5.25 acres, was sold to Kilkenny County Council in May 1998.
IDA Ireland has developed a new 43 acre prestigious business and technology park in Kilkenny city. Two advance buildings have been completed within the last number of months on the park, a 25,000 sq ft manufacturing facility and a 20,000 sq ft high quality advance office facility, and both of these facilities are being actively promoted.
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