The deficit in the state’s Insurance Compensation Fund (ICF) fell by almost €50 million last year as a result of a €106 million repayment from the administrators of Quinn Insurance. The payment, which was made in January, resulted in the fund’s overall deficit dropping to €811 million, according to figures published by the Department of Finance last week.
However, the outstanding balance owed by failed insurers still stood at more than...
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