Sean Barrett (Independent) | Oireachtas source

On 6 November, Genworth’s share price plunged 38% and Standard & Poor’s downgraded the rating from BB+ to BBB- due to concerns with earnings volatility and overall risk position. Bailing out insurance companies is second in unpopularity only to doing the same for banks.

The evidence from other countries such as Denmark and Canada supports the 20% mortgage deposit rule. Will the delegation explain in more detail why it believes the risk of reducing this from 20% to 10% can be insured for the amounts described but not for 0%?