Michael McGrath (Cork South Central, Fianna Fail)
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198. To ask the Minister for Finance if he has considered the development of a United Kingdom flood insurance model here; and if he will make a statement on the matter. [22563/16]

Michael Noonan (Limerick City, Fine Gael)
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The Department of Finance has carried out a review of flood insurance with a particular focus on the strategies that other jurisdictions have implemented to increase the availability of flood insurance cover. This work examined a number of policy options, including a United Kingdom type model, and the completed report has been sent on to OPW to feed into the final report of the Inter-Departmental Flood Policy Coordination Group, chaired by Seán Canney TD, Minister of State with special responsibility for the Office of Public Works and Flood Relief. It is my understanding that the final report of the Inter-Departmental Group will be considered by Government shortly.