Seán Canney (Galway East, Independent) | Oireachtas source

Insurance Ireland has met the OPW on a number of occasions since the memorandum of understanding was put in place and we have had ongoing discussions. I have met Insurance Ireland and we have come to an understanding that we need to meet regularly. We will meet four times a year and the OPW will chair the meetings. We need to get the Department of Finance more involved. I have asked the departmental group to look at the review of the memorandum of understanding to ensure it is stronger.

On the position in the Munster Blackwater region, I do not know whether the Deputy has particular evidence, but I would welcome receiving it if he does because we can take up the matter with Insurance Ireland. The memorandum of understanding relates to the permanent flood defences which we have put in place. We provide guarantees and for certification that they are completed. Insurance Ireland is to reinsure those who have been affected and are now in a good position. Approximately 80% or 90% of people have been reinsured in such a case. There is an issue with demountable flood defences, an issue on which we are working with insurance Ireland. I need help if there is a problem. It is insuring at approximately 70% of-----