Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The point I am making is there is no way to measure that. I presume the Minister of State has not asked the CEOs if what they factored into the price increases to consumers was a result of this uncertainty. In regard to the Government proposal that the industry would still pay out 35% claims in regard to future Setanta-like situations, is the industry view that this is still creating uncertainty? As for Setanta Insurance, motorists who have valid claims will only have 65% or a maximum of €825,000 of their claims met, which could be a huge drop, particularly if somebody was very seriously injured in a road accident. Does the Government have any intention of ensuring that all claimants will have 100% of their claim met, whether from the Insurance Compensation Fund or from the money accruing from the liquidation of the assets of Setanta Insurance? I have drafted and will shortly publish legislation to remove the limits in the case of Setanta Insurance. Given that in the case of any future Setanta-like situations, 100% of claims will be paid, will the Government step in and ensure that these claimants will be treated in the same way?