Gerry Horkan (Fianna Fail) | Oireachtas source

I accept that but I am talking about when the insurance company is raising the premium. One is putting in one's application and being quoted a figure and perhaps one is refused because one has denied that one's penalty points exist. How does that work? For those people who have told the truth and will suffer the consequences if they have penalty points, there should be some deterrent to people who deny their penalty points exist as opposed to being told "By the way, you forgot a few points." Mr. Horan can come back to me on that.

We have seen a 60% to 70% increase over two years and a 38% increase in the past 12 months. How much of that is attributable to Solvency II, how much to there being less investment income and how much to increased claims? We do not know.