Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

We did not actually talk about it as a question. I mentioned the €50 figure in an earlier exchange. One of the things I was able to do during this work was to take an in-depth with an actuary into how premiums are calculated and all the different metrics that go into the calculation, including a person's credit rating potentially, which happens in other jurisdictions, the colour of the car, etc. The type of information and the different variables that are put into computers now to spit out what a premium might cost is incredibly impressive in that regard. We spoke about the issue of fraud.

It was put to me by one particular company that essentially it was a guesstimate. If those who engage in fraud are successful, it is not detected; therefore, there is no decent set of data behind the €50 figure.

The various concerns raised such as exaggerated whiplash claims, the fact there is no integrated fraud database to check or that certain sections of legislation have not been implemented by the courts are pointed to in suggesting solutions to the fraud problem. Let us solve each of these problems. As we implement the recommendations made, the figure of €50 will not disappear because there will always be fraud. We must try to figure out a way to calculate the level, but the number should come off the premium charged. That is the intention.