Kieran O'Donnell (Fine Gael) | Oireachtas source

What would give comfort to the insurance industry? If I am correct, what appears to have happened is there was huge competition, in which companies probably were outbidding one another to a level that may not have been sustainable. People now are pulling back, Setanta has folded and many entities are pulling out of the market. Premiums literally have gone through the roof and they are cherry-picking.