Irish Independent: Insurance levy will be passed on to consumers, warns CFM

Leading insurer CFM Group has criticised plans for an insurance levy, saying it will be passed on to consumers rather than acting as a deterrent to premium increases. “We need more competition, not less. Competition in any fully functioning market drives down prices,” said CFM group Managing Director Jonathan Hehir.

https://www.independent.ie/business/personal-finance/insurance-levy-will-be-passed-on-to-consumers-warns-cfm-38523383.html