Kieran O'Donnell (Fine Gael) | Oireachtas source

I want to get the point because I have a limited amount of time available to me. From what we have seen, insurance companies were driving for market share and premiums were coming down. The companies were continuing to make losses. This was bubbling away. As far as ordinary drivers from all age groups who were looking to get motor insurance, including young drivers, were concerned, this did not come to light in real terms until this year. Did the Central Bank as the regulator not have a obligation to make the public aware that on a prudential basis, it believed the motor insurance companies it regulated were making heavy losses on their motor insurance products?