The VHI has insisted that it will not need any additional state funding in 2014, and that it will raise any additional capital it needs on the financial markets or through long-term insurance contracts.
''It is our intention to not ask the taxpayer for any money. It is our intention over the next year for us to fund and find our own capital,'' VHI chief executive John O'Dwyer told an Oireachtas committee recently.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team