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
3:30 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
So all the business is lumped together. In view of the fact that there are 2,000 claims, this means that the €35 million averages out at approximately €17,000 per claim. With exceptions and limits, the fund will allow a maximum payment of approximately 65%.
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