Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

It may well be the judicious one at the time but I am not so sure it was the correct one. My immediate suspicions were aroused as to what extent cover might be offered to people who are trading in a fashion not in accordance with the rules, and who may have been compensated and drew down the cover. I certainly would like to feel that Insurance Ireland was looking at these kinds of situations. For example, would there be an assessment by the insurance company as to the potential for reckless trading? What would be done in that situation? Would the insurance company say "Okay, you are looking for cover for €10 million or €20 million, this is what the premium will be and we will cover you"?