Rose Conway Walsh (Sinn Fein) | Oireachtas source

There is a huge issue concerning returning emigrants. If I go to other countries, I can get a no claims bonus letter from an insurance company here, which is recognised abroad. It is even recognised in other countries by some of the insurance companies that operate here, yet in this country they will not recognise such a letter from a company abroad. What is the explanation for that? Huge amounts of money are being demanded from returning emigrants for insurance cover here. How can we force insurance companies to operate in the same way as they do in other countries? That shows us that the difficulty lies with the regulations here, rather than with the insurance industry itself which is operating under one law abroad, while the same company here might operate otherwise.