Oireachtas Joint and Select Committees

Wednesday, 1 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Setanta Insurance Liquidation: Discussion

2:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

There could be a situation where, if the MIBI was liable, individuals could receive compensation to a figure of 100%, as distinct from there being a cap of 65%. The liquidator is saying compensation of around 30% could be provided on top of the figure of 65%.

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