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
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
In terms of Mr. Mercieca's work, I was a Setanta mortgage policyholder through a broker so I know first-hand what happened at the time. Basically one's policy was renewed but there was no guarantee on how long it would last. This happened around the start of 2014 and then it ceased so that people had to go to other insurance companies, as I had to do. It seems extraordinary that a company of this size was regulated by the Maltese regulator. Mr. Paul Mercieca was appointed liquidator on 16 April 2014-----
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