Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source

If they had an actuarial function it is extremely regrettable that they did not identify the lack of actuaries in Quinn Insurance.

Mr. Cullinan stated that the Central Bank was largely dependent on whistleblowing. Clearly in this case not only was no one blowing the whistle but there was not even a whistle to blow. Does the Central Bank contain a dedicated separate division for the insurance industry, given that it is the regulator for the banking and insurance sectors?