Oireachtas Joint and Select Committees
Wednesday, 1 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Setanta Insurance Liquidation: Discussion
2:00 pm
Mr. Paul Mercieca:
If the fund is able to make payments up to 65% in the circumstances in which they can make payments, then we will be able to sit down with claimants and say that potentially they can get a certain amount from the fund and there is a balance of 30% or 35% of their claim due.
There is more chance of unlocking the situation and reaching agreement.