Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Collapse of Setanta Insurance: Central Bank and Department of Finance

2:25 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

When people are paying insurance, they assume they are covered but they woke up one morning to discover they were not. The first question any member would ask is, how many other Setanta-type insurance debacles potentially exist? Is this the only one that will happen or might other players in the market be in a similar space?

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