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Dáil

Ceisteanna—Questions. Oral Answers. - Insurance Industry.

asked the Minister for Industry and Commerce the action he proposes to take to rationalise the insurance industry.

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I am not clear what the Deputy means by "rationalise". If he means to take steps such as to reduce the number of insurance companies, to bring about amalgamation between them, to promote various kinds of specialisation or market sharing between them, I have received no proposals to this effect either from the committee which reported last year on the insurance industry or from any other source.

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