Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

Mr. McGrath and Ms Muldoon should feel free to respond. I believe that the insurance companies have a deliberately crafted narrative about why people face such outrageously high premiums and it is about fraudulent and excessive or too high claims. What is always left out of the narrative, not coincidentally, is profit and the substantial profits made by the insurance companies over an extended period of time. I accept it is an industry in which profit can go up and down, but over the last couple of decades very substantial profits have been made by the insurance companies. That is a significant contributing factor which the companies do not like to mention. Is that not the case?