Thursday, 3 October 2019

Ceisteanna (129)

Michael McGrath


129. Deputy Michael McGrath asked the Minister for Business, Enterprise and Innovation if she has considered calling on the Competition and Consumer Protection Commission to review dual pricing by the insurance industry; and if she will make a statement on the matter. [40458/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Business)

The Central Bank has responsibility for consumer protection in the industry insurance under consumer protection legislation of general application in the form of the Consumer Protection Act 2007 and the Regulations that give effect to the Directive on unfair terms in consumer contracts as well as under provisions specific to regulated financial services providers such as the Central Bank's Consumer Protection Code. Any review of dual pricing by the insurance industry would accordingly be for the Central Bank to undertake and questions about such a review should be addressed to the Minister for Finance.