The amount paid out in personal injuries claims has fallen by half in the last six months.
The Personal Injuries Assessment Board data shows a significant drop in the level of payouts.
Tánaiste Leo Varadkar will present a report to his Cabinet colleagues on the first six months of an action plan to cut the cost of insurance.
Preliminary data from the Personal Injuries Assessment Board indicates the average payout has decreased by 50% since the start of the year.
New personal injuries guidelines, which reduced the amount that can be awarded for some injuries, came into effect at the end of April.
The Cabinet will also be updated on talks between the Government and the hospitality sector around the re-opening of indoor dining.
After talks on Monday it was expected vaccine passports will be issued to the some 1.8 million fully vaccinated people - allowing them to fly abroad or possibly to access indoor dining under the same system.
Ministers will also be updated on the changes to the vaccine rollout plan.
While over half of the adult population will be fully vaccinated against COVID-19 on Tuesday.
That is according to Professor Brian MacCraith, chair of the High-Level Task Force on COVID‐19 Vaccination.
Under-35s will continue to receive the Johnson & Johnson vaccine in pharmacies, and 34-year-olds can sign up for an MRNA jab on Friday.
And Agriculture Minister Charlie McConalogue will bring a memo to Cabinet on extra vet and certification checks on exporters likely to be needed from October because of Brexit.