Paschal Donohoe (Dublin Central, Fine Gael)

I thank the Deputy for raising that issue and acknowledging the scale of the reforms the Government has brought in, and his own role in that regard, which I acknowledge. I also acknowledge the Consumer Insurance Contracts Act 2019, which was the subject of a motion the Deputy brought forward. Part of that Act has not yet been commenced, but most of it has. There are various measures the Government brought in: the personal injuries guidelines; the reform of the Personal Injuries Resolution Board Act 2022; the banning of price walking; the establishment of an office to promote competition; the publication by the Central Bank of its national claims information database; the work that has been done by the CCPC; the establishment of an insurance fraud co-ordination office; and the work done by the Garda, Insurance Ireland and the Alliance for Insurance Reform. All that work was not done to create higher levels of profitability. It was done to create a more competitive sector for those who depend upon it. I want to see that translated into lower prices.

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