John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The point is if the insurance industry is signalling to the market there will be an increase of 30% or 40%, it must have a reason for saying that. Insurance Ireland must have hard data giving it the information that this will be the case. I will revert to the earlier point about which I was not being flippant. The witness who appeared before the committee this morning was paying €10,000 - there are others - for a raft of information. If, as Insurance Ireland is stating, everything it has is in the public domain through the Central Bank, hat are such people paying that money for?