Paul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

Insurance companies deal in averages and big numbers, although they deal with individuals as well. The definition of average surplus per policy is the average earned premium income per policy less average claim cost per policy. If it is the case that the Central Bank is saying that younger policyholders continue to present the highest average surpluses, it indicates not just that they are paying more in line with the increased risk but they are paying more on top of that again. Surely that is what is stated in the report? It is not just saying that young drivers are paying more.