Departmental Expenditure

Dáil Éireann Debate, Tuesday - 24 July 2018

Tuesday, 24 July 2018

Ceisteanna (551)

Michael McGrath

Ceist:

551. Deputy Michael McGrath asked the Minister for Education and Skills the cost of insurance under headings (details supplied) for his Department and each body under its aegis; the cost of the premium for 2018 or the premium paid in 2018 if the policy year straddles two calendar years; the comparable premium amount paid in 2017; the number of outstanding insurance claims against his Department or bodies under its aegis; the estimated cost of those claims; and if he will make a statement on the matter. [33997/18]

Freagraí scríofa

Minister for Education and Skills

My Department is guided in its consideration of the need for insurance by the stipulations of the Department of Public Expenditure and Reform's Public Financial Procedures guidance document. Sections C.8 (11 and 12) of the Public Financial Procedures, which offers guidance for all Government Department's in regard to their consideration of insurance risks and also offers general guidance that the Exchequer, in the main, carries its own insurance.

The National Treasury Management Agency is designated as the State Body which operates with a commercial remit to provide asset and liability management services to Government and is designated as the State Claims Agency when performing the claims and risk management functions delegated to it under the National Treasury management Agency (Amendment) Act, 2000.

With regard to bodies under the aegis of my Department,  the information sought is not collated centrally, and is a matter for each body.

If the Deputy has an interest in a particular third party state body the Department will endeavour to obtain the information for him.