Insurance Data

Dáil Éireann Debate, Thursday - 14 December 2017

Thursday, 14 December 2017

Questions (128)

Michael McGrath

Question:

128. Deputy Michael McGrath asked the Minister for Finance the number of applications made and accepted, respectively, for declined insurance in each month of 2017 and each year since 2014 in tabular form; and if he will make a statement on the matter. [53793/17]

Written answers

Minister for Finance

The operation of the Declined Cases Agreement is not a function that either I, as Minister for Finance, or my Department have responsibility for.

Having said that, it should be noted that the Cost of Insurance Working Group recommended the Declined Cases Agreement should be made more transparent under the Report on the Cost of Motor Insurance. On foot of this recommendation, Insurance Ireland submitted a report on the operation of the Agreement to my Department in July of this year. In their report, Insurance Ireland states that it “believes that the time may be correct for a review of elements” of the Agreement. My Department accepted this proposal and has since hosted two workshops with relevant stakeholders who are examining what elements of the Agreement need to be amended or refined. I understand further workshops will take place in the New Year.

In relation to the specific data sought by the Deputy, my officials contacted Insurance Ireland seeking the relevant information.  In response Insurance Ireland provided statistics on the number of cases that they have dealt and these are set out in the table below. The figures provided for 2017 relate only to the first six months of the year as the figures for the second half of the year will not be available till early 2018.

In relation to these cases Insurance Ireland have informed my Department that they secured a quotation for the applicants in question through the Agreement and as such they therefore consider all applications to have been ultimately successful. 

Year 2017	Total	Year 2016	Total	Year 2015	Total	Year 2014	Total
January	113	January	128	January	91	January	39
February	109	February	121	February	102	February	42
March	126	March	139	March	122	March	53
April	139	April	129	April	107	April	64
May	147	May	158	May	103	May	93
June	155	June	206	June	117	June	56
July	n/a	July	181	July	94	July	49
August	n/a	August	172	August	65	August	55
September	n/a	September	181	September	75	September	69
October	n/a	October	193	October	91	October	58
November	n/a	November	161	November	127	November	48
December	n/a	December	172	December	70	December	43
TOTAL	[789]		1941		1164		669