Pearse Doherty (Donegal, Sinn Fein)
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63. To ask the Minister for Finance the expenses incurred by his department in relation to insurance of all types of in each of the past five years; the cost of each insurance policy held by his department over the same time period per annum; the equivalent data for all bodies under the aegis of his department; and if he will make a statement on the matter. [26286/17]

Michael Noonan (Limerick City, Fine Gael)
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I wish to advise the Deputy that my Department operates under State Indemnity, a self-insurance model whereby the State bears the financial risk associated with the cost of claims. The National Treasury Management Agency (NTMA) is designated as the State Claims Agency (SCA) when performing the claims and risk management functions delegated to it under the National Treasury Management Agency (Amendment) Act 2000.

Since the establishment of the SCA, the management of claims functions has been delegated to the Agency. It currently manages claims and risks on behalf of 139 delegated State Authorities. 

I also wish to advise the Deputy that of the 18 bodies under the Aegis of my Department, 5 are designated State Authorities covered under State Indemnity managed by the SCA. These are the Comptroller and Auditor General, the Credit Union Advisory Committee, the Credit Union Restructuring Board, The Disabled Drivers Medical Board of Appeal and the Tax Appeals Commission. The Credit Review Office (CRO) incurs no direct insurance costs as Enterprise Ireland provides full business services to the CRO. It was not possible for the NTMA and NAMA to provide the information sought in the time available and therefore I will make arrangements to provide the outstanding information in line with Standing Orders. The remaining 10 bodies have provided the information sought and this is set out in the following table: