Seán Sherlock (Cork East, Labour) | Oireachtas source

Obviously, it is in a pretty secure position because it has three underwriters. Perhaps that is the norm; I do not know. It seems to me that the underwriters, which are big international houses, are influencing the market in little Ireland because it is a small market in global terms. We should interrogate that further because I think Mr. Faughnan is saying that there is hope in terms of some legislative changes and data sharing, which is the European norm. If we can get those things right within this committee and within the Houses, we will go some way to ameliorating the situation but the profit element is something we need transparency on.