They say they’re a new entrant and thus shouldn’t pay risk equalisation, and the Quinn rep on 6.1 news was talking about an even playing fields. Which begs the questions:

1. Are they a new entrant? They’re certainly not a new entrant to the insurance market.
2. Did Gov.ie approve the takeover and thus approve Quinn’s assertions on the aforementioned?
3. What happens in three years, when the exemption expires?

Watching the Quinn rep on 6.1 was a hoot. He can’t maintain eye contact with a tv camera, never mind a human being.