Oireachtas Joint and Select Committees
Wednesday, 9 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Collapse of Setanta Insurance: Central Bank and Department of Finance
2:25 pm
Ciarán Lynch (Cork South Central, Labour)
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When people are paying insurance, they assume they are covered but they woke up one morning to discover they were not. The first question any member would ask is, how many other Setanta-type insurance debacles potentially exist? Is this the only one that will happen or might other players in the market be in a similar space?