76. Deputy Michael McGrath asked the Minister for Finance the compensation mechanisms in place if after the UK leaves the EU an insurance company operating here under freedom of services but prudentially regulated in the UK or Gibraltar goes into liquidation; the way in which the Insurance (Amendment) Act 2018 applies in this scenario; if claimants in this instance would be entitled to 100% compensation; and if he will make a statement on the matter. [6179/19]

Summary

76. Deputy Michael McGrath asked the Minister for Finance the compensation mechanisms in place if after the UK leaves the EU an insurance company operating here under freedom of services but prudentially regulated in the UK or Gibraltar goes into liquidation; the way in which the Insurance (Amendment) Act 2018 applies in this scenario; if claimants in this instance would be entitled to 100% compensation; and if he will make a statement on the matter. [6179/19]

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• Insurance Compensation Fund

  xml · EN · 7 February 2019

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