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Insurance Industry Regulation

Dáil Éireann Debate, Tuesday - 24 March 2015

Tuesday, 24 March 2015

Questions (267)

Pearse Doherty

Question:

267. Deputy Pearse Doherty asked the Minister for Finance the number of customers who are still due a refund from a mis-sold payment protection insurance scheme; and if he will make a statement on the matter. [11660/15]

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Written answers

The Central Bank Review of the Sale of Payment Protection Insurance on 11 credit institutions was reported on in March 2014. Since then one further institution has made refunds to PPI customers.

I am informed by the Central Bank that all customers identified for refunds under the reviews were written to and made offers of refunds.  If any PPI customer considers that they should have been offered a refund of PPI premiums, or have a complaint in relation to how the product was sold, they should contact the entity that sold the product.

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