401. Deputy Michael McGrath asked the Minister for Public Expenditure and Reform his plans to introduce a scheme to the effect that, following the completion of a comprehensive and agreed flood alleviation scheme to the required international standard, insurers would be obliged in law to reinstate flood insurance cover to homes and businesses within the same area; his views on whether the State should in any way share in the risk for a defined period immediately following the completion of such works; if he has studied different models of risk sharing abroad; and if he will make a statement on the matter. [23870/16]

Summary

401. Deputy Michael McGrath asked the Minister for Public Expenditure and Reform his plans to introduce a scheme to the effect that, following the completion of a comprehensive and agreed flood alleviation scheme to the required international standard, insurers would be obliged in law to reinstate flood insurance cover to homes and businesses within the same area; his views on whether the State should in any way share in the risk for a defined period immediately following the completion of such works; if he has studied different models of risk sharing abroad; and if he will make a statement on the matter. [23870/16]

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Timeline

1. 21 July 2016

   Flood Risk Insurance Cover Provision

   401. Deputy Michael McGrath asked the Minister for Public Expenditure and Reform his plans to introduce a scheme to the effect that, following the completion of a comprehensive and agreed flood alleviation scheme to the required international standard, insurers would be obliged in law to reinstate flood insurance cover to homes and businesses within the same area; his views on whether the State should in any way share in the risk for a defined period immediately following the completion of such works; if he has studied different models of risk sharing abroad; and if he will make a statement on the matter. [23870/16]

   Source: written

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• Flood Risk Insurance Cover Provision

  xml · EN · 21 July 2016

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• Michael McGrath · Asking member
• Public · Public · Addressed to

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