Wednesday April 8, 2020

Enniscorthy hit by collapse of Setanta Insurance

Enniscorthy in Co Wexford has emerged as the biggest loser from the collapse of Setanta Insurance.

27th April, 2014

The town of Enniscorthy in Co Wexford has emerged as the biggest loser from the collapse of Setanta Insurance, with new information showing that a group of local business figures were significant shareholders in the company.

Data obtained from Malta, where the insurer was registered, reveals that some 14 Irish people injected around €2 million into the insurer. Of those, nine came from Enniscorthy, a town with high rates of emigration and unemployment.

The Wexford investors...

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