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

3:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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If the court awards a person €100,000 in compensation following a personal injury, the insurance compensation fund will pay €65,000. Does that mean that the person who is found liable for that personal injury, who should have insurance, is now liable for €35,000?