Pearse Doherty (Donegal, Sinn Fein)

I thank everybody who spoke in support of the motion. The Government does not have an amendment down. I do not know whether it is opposing the motion or whether it does not have any solutions. The one thing on which I will agree with the Minister of State is that, as he said, what he and the Government are doing is yielding results. He is absolutely spot on. The Government has made bumper profits for the insurance industry, which is absolutely creaming it while sticking the two fingers up to consumers, and indeed the Government.

The case Ruairí outlined is similar to many cases across the State. My motor insurance renewal came in with an increase of 34% - same car, same policy, same issues, no reason for an increase.

See this speech in context