Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I wish to ask about enforcement and the European Insurance and Occupational Pensions Authority, EIOPA, stress test in 2014. Through a freedom of information request, I received the documentation that backed up the results of the stress test. How many people participated then and how many are participating in the current stress test? Will Dr. Roux clarify whether motor insurance will be examined in the current stress test?

In reply to a parliamentary question, the Minister for Finance, Deputy Noonan, stated, "For the low yield scenario exercise, it was found that the Irish sample was not particularly vulnerable to either of the low-yield stresses." There are low yields and insurance companies have lost approximately €100 million in investment returns over a three-year period. As a result, they are not becoming insolvent, but they are pushing up premiums. Did the stress test get it wrong? Did it fail to identify some of the weakness in terms of a sustained low-yield environment? Will the Central Bank take on board the IMF's recommendation and develop its own stress test, one that would examine an extreme but plausible scenario using its macroeconomic tools?

I have a final question.