Gerry Horkan (Fianna Fail) | Oireachtas source

I thank the witnesses for their opening statements and their interaction to date, which has been very helpful. I did not disagree with any of our milder members on the various points they put across to the witnesses. All of the witnesses come from a relatively specialised or narrow part of the economy and they are equally important in their different ways. Everybody uses taxis, we are all very interested in tourism, we all buy goods that are brought into the country and we see goods being exported. Many of us have family and friends working in companies that are producing goods for export, and their competitiveness is affected by the cost base being created by the insurance industry. Ms Verona Murphy mentioned the figure of 300%. Is that in one year or over a period of years?