Oireachtas Joint and Select Committees
Thursday, 8 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Insurance (Amendment) Bill: Discussion
10:00 am
Paul Murphy (Dublin South West, Solidarity) | Oireachtas source
I have a number of questions and then I am afraid I must run. My first question concerns the industry's preferred approach of the 2% ex antefund. Is there any danger that, were a major insurer to collapse in the first year or number of years where the fund had not been built up and there were a load of claims, the fund would not be of a sufficient amount to cover such claims?
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