Tuesday , May 17 2022

Pearse Doherty: The insurance industry works like a cartel


The insurance sector is working as a cartel according to Sinn Féin's Finance Spokesperson.

Pearse Doherty criticized the progress made by the Insurance Workgroup Cost.

Insurance premiums decreased 23% since the summit in July 2016.

The group's chairman, Michael D & # 39; s Arcy, said they completed most of the recommended actions designed to reduce the cost of insurance.

Doherty, the Minister returned the progress made, he said.

Doherty said: "A trustee, who went in three years, went from € 120,000 to an insurance policy from € 32,000."

"Nobody in his books, this is a market that operates like a cartel."

– Digital table

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