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Dáil Éireann Debate, Thursday - 16 May 2019

Thursday, 16 May 2019

Questions (45)

Michael McGrath

Question:

45. Deputy Michael McGrath asked the Minister for Finance the number of household insurance policies, employer liability insurance policies and public liability insurance policies, respectively entered into in 2018; and if he will make a statement on the matter. [21177/19]

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Written answers

At the outset, it is important to note that while as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, my Department does not collect the type of information being sought by the Deputy. I am also informed that the Central Bank of Ireland does not collect the type of information being sought either.

In order to be helpful as possible my Department contacted Insurance Ireland to see whether they held this information as it pertains to its members. However they informed my officials that they do not collect this information. However, I understand that the Insurance Ireland Factfile for 2017 will be published shortly, and that it will provide aggregate data with regard to premium levels, claims, underwriting results and other financial data. The Insurance Ireland 2016 Factfile is available on their website at www.insuranceireland.eu/media/Factfile%202016-Final.pdf.

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