Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Sorry, but the Senator should not misrepresent this. The 23% is the calculation by the CSO on the basis of the entire industry of an average reduction. If somebody is applying for a new premium 12 months later in exactly the same circumstances, there should be a reduction. Companies have different pricing models and are stronger in certain markets than in others. Some companies are averse to insuring younger people and some are very strong with younger people.