Dáil Éireann Debate, Tuesday - 13 February 2018
133. Deputy Michael McGrath asked the Minister for Finance when the cost of insurance working group's fourth progress update on quarter four of 2017 will be published; and if he will make a statement on the matter. [6990/18]
View answerI expect to be in a position to approve the publication of the fourth quarterly update report in the coming days. The Deputy will be aware that the Report on the Cost of Motor Insurance was published in January 2017 and made 33 recommendations with 71 associated actions to be carried out in agreed timeframes, as set out in an Action Plan. There have been three quarterly updates published to date.
By way of further information, the fourth quarterly update report will provide details on how the implementation of the recommendations is progressing, with a particular focus on the fourteen action points which were due for completion during the fourth quarter. I understand that the majority of the fourteen actions due for completion during this quarter have been completed. The Update Report will also include a summary review of the implementation of the recommendations addressed to the various Departments and Bodies which are represented on the Cost of Insurance Working Group, with the aim of providing an overview of the work each has undertaken during 2017.
