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

Not a single one of us, in either House, is doing that or wants that done.

The Deputy asked me to get a commitment from the insurance companies but I will probably not be able to get a commitment from those companies in writing. However, I will keep a flashlight in the their faces. The Minister has spoken about the profiteering of insurance companies and none of us wants that. We want the insurance sector to be put on a stable footing in this country in order that companies can be competitive and profitable, with a stable structure in place for proper competition. We have eight companies that have had between 89% and 92% of the sector for the past number of years. We do not have enough companies competing for the business that is here.