Administrators expect ultimate cost of Quinn Insurance liquidation for Insurance Compensation Fund to be €1.1bn. Photograph: Julien Behal/PA Wire

A repayment of some €100 million to the State’s Insurance Compensation Fund by Quinn Insurance, which has so far cost the fund some €1.23 billion, has(...)

The ICF, which is administered by the High Court, can pay out up to 65 per cent of the sum due to the policyholder.

The liquidator of insolvent Setanta Insurance expects there could be a “significant shortfall” between available funds and the total value of claims. (...)

Taxpayers may end up footing the bill for third-party claims related to the collapse of Setanta Insurance.The Maltese-registered insurer went into liq(...)

Minister for Finance Michael Noonan made the announcement yesterday in response to a question from Fianna Fáil’s finance spokesman Michael McGrath. Photograph: Alan Betson

The Motor Insurance Bureau of Ireland (MIBI) intends to accept all third-party claims against insurance policies written by Setanta Insurance Company,(...)

Malta: Setanta, a low-cost insurer, was registered here but traded only in Ireland. Photograph: Getty

The collapse of Setanta Insurance may leave outstanding claims but these are unlikely to trigger another insurance levy, like the one that aros(...)

Quinn Insurance head office in Cavan  before all traces of Seán Quinn were removed from the building. Photo: Lorraine Teevan

Minutes before Mr Justice Peter Kelly called up the €1 billion case against PricewaterhouseCoopers (PwC) by the administrators of Quinn Insurance (QIL(...)

PricewaterhouseCoopers said it will “vigorously defend” the case against it, which is “devoid of merit”.

The 2 per cent levy imposed on all insurance policies to cover the shortfall at Quinn Insurance could be reduced or even scrapped, if Pricewaterhou(...)

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