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Ireland · Question · written

PQ 101

100 Deputy Pearse Doherty asked the Minister for Finance the position regarding his deliberations on the way the €600 million call on the Insurance Compensation Fund triggered by Quinn Insurance Limited sale will be funded; if he will confirm if Irish policyholders will pay all €600 million or if he will use relevant legislation to impose the levy on all insurance policies sold out of Ireland, in which case the cost to Irish policyholders would be €200 million; if he will confirm the extent of his engagement with Irish consumer groups, the Irish insurance industry and the international insurance industry on this topic; and if he will make a statement on the matter. [22276/11]

askedIreland· Dáil Éireann· EN

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21 July 2011

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21 July 2011

Summary

100 Deputy Pearse Doherty asked the Minister for Finance the position regarding his deliberations on the way the €600 million call on the Insurance Compensation Fund triggered by Quinn Insurance Limited sale will be funded; if he will confirm if Irish policyholders will pay all €600 million or if he will use relevant legislation to impose the levy on all insurance policies sold out of Ireland, in which case the cost to Irish policyholders would be €200 million; if he will confirm the extent of his engagement with Irish consumer groups, the Irish insurance industry and the international insurance industry on this topic; and if he will make a statement on the matter. [22276/11]

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