Oireachtas Joint and Select Committees
Tuesday, 7 July 2020
Special Committee on Covid-19 Response
Impact of Covid-19: Overall Fiscal and Monetary Position
Cormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source
The issue of insurance policies has been to the fore over the past number of weeks, particularly business interruption insurance. We are hearing widespread reports of insurance companies failing to pay out for claims on business interruption insurance. What is Mr. Makhlouf's view on this and what is the insurance supervision directorate of the Central Bank doing to ensure insurance companies act fairly? Will the Central Bank review this policy?
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