Dáil
‹ Ceisteanna—Questions. Oral Answers. - Insurance Industry. Rationalisation of the insurance industry
Summary
Leonard asked what action the Minister would take to rationalise insurance. Bruton said he had received no proposals to reduce the number of companies, encourage amalgamations, or promote specialisation or market sharing.
asked the Minister for Industry and Commerce the action he proposes to take to rationalise the insurance industry.
Comment on this
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.