Oireachtas Joint and Select Committees
Wednesday, 10 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Quinn Insurance and Insurance Compensation Fund: Discussion
2:40 pm
Mr. Michael McAteer:
The total fees for the administration in the year 2010 was €3.6 million, with an additional fee of €1.9 million paid to the actuaries, Grant Thornton in London. In 2011, the fees were €3.5 million, with actuarial fees of €2.7 million. The estimate for 2012 is €1.5 million with a further €1 million to the actuaries in London.