Oireachtas Joint and Select Committees
Thursday, 1 June 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Motor Insurance Costs: Minister of State at the Department of Finance
10:00 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
The Setanta implosion arose in Ireland because, effectively, the company was being regulated in Malta but operating in Ireland. If a company operates in Ireland now but a different company is regulated in Malta or elsewhere, is there a potential change in the regulation process, either from an Irish or European perspective, that could give more comfort to the person holding a policy with a company similar to Setanta and who wants to make a claim? How do we ensure we will not have a Setanta mark 2 on the Irish landscape?
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