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. Declan O'Rourke:
Typically those types of insurance programmes buy large limits, but each insurer would have a small piece and then that would end up in large programmes. Most of those insurers would be offshore. One would not understand fully and one would not even see it in the Irish insurance numbers. The answer the Deputy got about not knowing the answer was probably the correct one.