Dáil debates
Wednesday, 2 December 2009
Insurance Industry.
Mary Coughlan (Donegal South West, Fianna Fail)
SMEs were very much involved also. The SME sector, in itself, is not large in the context of obtaining credit insurance.
I met some of the smaller foreign direct investment people who do not insure themselves but one should note it was some of the raw materials that were being imported that were not being insured. This created some difficulties in itself and we had to meet some people about it. The analysis was very robust because people were considerably and rightly agitated by the issue. It is important to note that only 4% of companies were insuring exports.
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