Dáil debates
Wednesday, 31 March 2010
Insurance Industry.
3:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
I am using the term "special contingent" in the context of insolvency law and not in regard to balance sheet operations. It is important to assure policy holders that their claims can be met as they fall due. The basis for the concern about solvency outlined in the application to the court related to contingency rather than an actual position.
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