Harney woos British insurance firms

THE Government hopes to reduce insurance costs by luring more than 30 companies to do business in Ireland.

Yesterday, armed with details of the reform of the Irish insurance environment, Tánaiste Mary Harney went on a major charm offensive by addressing 100 key insurance executives working with 33 British-based companies.

The Tánaiste's credo is simple: "Attracting more players into the Irish market will benefit consumers."