Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Minister of State, Deputy Eoghan Murphy, whose work generated the report, is very conscious of the need to press on now to the implementation phase and to prioritise the implementation actions. He is getting the co-operation of the industry, hopefully, to do this. He is also conscious of the fact that there is no silver bullet that will bring down premiums overnight but if a new base is established for motor insurance in this country, that should stabilise the situation. There should be gradual reductions and no sudden, dramatic increases like those we have seen in the last 18 months.

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