Dáil debates
Thursday, 12 July 2018
Insurance (Amendment) Bill 2018: Committee and Remaining Stages
8:05 pm
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
As with the MIBI fund, we are talking about large quantities of money that will be collected from the industry. We are satisfied that this has been done in the past and that it will be done in the future. It will be certified by an auditor. We are comfortable that this is the right way to deal with it. If we are not comfortable with it in certain circumstances, it can certainly be looked at again.
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