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. Ronan Hession:

That is correct. In the case of the insurance compensation fund there is a statutory fund. In respect of the MIBI, there is an agreement between the Minister for Transport, Tourism and Sport and the industry. From what we have reviewed of the agreement, there is no cap in play.