Dáil Éireann Debate, Thursday - 14 November 2013
54. Deputy Michael McGrath asked the Minister for Finance if there are any implications for the Insurance Compensation Fund from recent events at RSA Ireland; if RSA Ireland sought assistance from the Insurance Compensation Fund; and if he will make a statement on the matter. [48777/13]
Amharc ar fhreagraThe Insurance Compensation Fund (ICF) was established under the Insurance Act, 1964 (the Act). Under the Act only court appointed administrators and liquidators of insurance companies can apply to the courts for access to the ICF.
No administrator or liquidator has been appointed to RSA Insurance Ireland by the courts and therefore there are no implications for the ICF.
