Oireachtas Joint and Select Committees
Wednesday, 15 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Issues: Engagement with Insurance Companies
Mr. Tomás O'Midheach:
There is a standard arbitration clause. To my knowledge, we have not invoked it with regard to the business interruption event. We did go to test cases, which are obviously transparent and publically available in terms of outcomes and the applicability of those outcomes. We have not had an arbitration on this issue because we have effectively been in court, where the issue is pressed open.
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