The terms of reference for the insurance study by the Competition Authority and my Department are as follows: to identify anti-competitive practices or other constraints on competition in the non-life insurance market in Ireland, with particular reference to motor insurance, employer's liability and public liability insurance; to highlight any anti-competitive practices or other constraints that are particular to the Irish market; to make recommendations for legislative and other changes to ensure that competition works well for consumers in the Irish market; to make, in the case of any problems identified at EU level, recommendations for change at that level.
The study is in the early stages of preparation. The terms of reference are on the authority's and my Department's websites and all further public information will be published on an ongoing basis there. It is intended that the bulk of the work will be completed in 2003. The final completion date depends on the extent of examination required, which may not be known until the study is well advanced. The terms of reference for the insurance study are available at www.entemp.ie/cr/InsuranceGen.htm and www.tca.ie.