Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

I have no knowledge that there is any difference between this bundle of unsettled claims and any other. Unfortunately, under the Irish insurance structure, some claims continue for a very long period. There is a belief the longer they take to conclude, the more money that can accrue. That is often said to be the case, but I do not know whether it is. We are dealing with what is in front of us. We are trying to conclude the 65% of the half that are settled, adding to it the 35%, plus 117. That concludes that number of claims, minus the 900. The remaining 645 have not been concluded. I do not have any information on whether the percentage among that tranche of claims is higher or lower than among any other.

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