Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Developments in the Insurance Industry: Discussion

Mr. Tomás O'Midheach:

The benefit went to the small businesses. They have, therefore, been in receipt of those payments. We have deducted those payments from the gross sum to make the insured party whole. By the same token, I do not believe it is anybody's intention that they ought to benefit by those in addition to being made whole for the gross sum.