Anthony Lawlor (Kildare North, Fine Gael) | Oireachtas source

Regarding Setanta Insurance, which entered into liquidation in Malta, the legal position is that the situation falls under the EU Solvency I directive. A further directive has been promised for 2016 to strengthen the regime for customers. Will there be legislation to cover the gap between Solvency I and the introduction of Solvency II in 2016, thereby preventing what happened to the customers of Setanta Insurance, a non-Irish-based company, from happening to others?

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