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

2:55 pm

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The company was liquidated in April 2014. What steps are being taken by the insurance compensation fund, ICF, to ensure people who lodged claims against the company will not end up with a loss arising from those claims? I understand some claims were lodged long before the firm went into liquidation and there have judgments in some cases. Will those people be treated separately when it comes to the operation of the Irish compensation fund? Will they still have to go through the liquidation process?