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Insurance Industry.

Dáil Éireann Debate, Tuesday - 10 February 2004

Tuesday, 10 February 2004

Questions (113)

Bernard J. Durkan

Question:

188 Mr. Durkan asked the Tánaiste and Minister for Enterprise, Trade and Employment the extent to which insurance premiums, including motor and public liability rates, compare now with those of five years ago; and if she will make a statement on the matter. [4008/04]

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Written answers

I am not in a position to provide the Deputy with information on public liability insurance costs. The CSO, however, publishes monthly indices of costs for motor insurance. These statistics show that there was an increase of 36.7 index points, or 52.8%, in motor insurance between December 1998 and December 2002. I am pleased that there was a reduction of 11.7 index points, or 11%, in motor insurance between December 2002 and December 2003.

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