Ms Fiona Muldoon:

Like my colleagues here from other companies, FBD Insurance is under investigation by the Competition Authority for price signalling. We are under a High Court equivalent summons in that respect but we are happy to confirm that the cost of insurance is driven by the cost of the inputs. If the cost of the inputs is lowered, and the main cost is the cost of bodily injury awards, and that cost comes down, I am confident that FBD's insurance prices will follow those input costs.