Oireachtas Joint and Select Committees

Thursday, 27 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Insurance Schemes: Discussion

11:25 am

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

One of the speakers mentioned the UK regulation, but I am sure all the visitors appreciate the concern that we in Ireland will have to get better at regulating insurance, given the problems we have had. The last one we discussed in the Seanad was Setanta which we thought was a Maltese company. There is still a possibility that there will be yet another levy here. Unfortunately for public policy making, that is a difficulty the insurance industry faces.

How much would it cost a mortgage holder to take some of the products on offer this morning?

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