164. Deputy John Browne asked the Minister for Finance further to Parliamentary Question No. 55 of 29 May 2014, regarding Setanta Insurance, the date on which the home regulator advised the host regulator of the company’s solvency issue, of the company's deficit and any measures required; if it is his understanding that the accounts of Setanta Insurance showed it was not solvent from a regulatory viewpoint for some time and could not therefore be in a position to meet its EU regulatory obligations under Solvency I; if he will expand on his statement that the regulatory obligations were met, and at what point in time they were met; his views on the behaviour of the home regulator in this case; and if he will make a statement on the matter. [24358/14]

Summary

164. Deputy John Browne asked the Minister for Finance further to Parliamentary Question No. 55 of 29 May 2014, regarding Setanta Insurance, the date on which the home regulator advised the host regulator of the company’s solvency issue, of the company's deficit and any measures required; if it is his understanding that the accounts of Setanta Insurance showed it was not solvent from a regulatory viewpoint for some time and could not therefore be in a position to meet its EU regulatory obligations under Solvency I; if he will expand on his statement that the regulatory obligations were met, and at what point in time they were met; his views on the behaviour of the home regulator in this case; and if he will make a statement on the matter. [24358/14]

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• Insurance Industry Regulation

  xml · EN · 10 June 2014

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