The collapse of Malta based company, Setanta Insurance last month - TopicsExpress

The collapse of Malta based company, Setanta Insurance last month left 75,000 motor policyholders in Ireland with no cover. Ireland on its own cannot influence the Maltese regulatory environment but the EU can. The European Commission is the only body that can initiate legislation. If elected next week, I will push the introduction of a common regulatory standard across the EU for insurers similar to what is being introduced in relation to banks. deirdreclune.ie/viewNews/id/21/

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