Tánaiste expects 'recognisble reduction' but not 50% cut in insurance premiums

Tanaiste Leo Varadkar said he expects insurance premiums to be reduced quite soon on foot of the Personal Injuries Assessment Board report’s findings.

Pressure is mounting on insurance companies to speedily reduce premiums after the Cabinet was told the average award has fallen by 50%.

Ministers were given the details of a report from the Personal Injuries Assessment Board by Tánaiste Leo Varadkar during the Cabinet meeting at Dublin Castle on this morning.