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

4:10 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
Link to this: Individually | In context | Oireachtas source

I am sure there are lots of legitimate people out there, but I cannot think of a reasonable explanation for a company selling insurance exclusively into Ireland, having its base of operations and employees here, and presenting itself as Irish all the while being licensed somewhere else. If there are other firms like that, should we not be looking at them straight away to ensure we are not here again within a few months or a couple of years?