Insurance Industry
Dail Éireann — 2026-02-10
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Noel McCarthy (FG), Cork East

I thank the Minister of State for his positive response. As a result of a lack of flood insurance, residents are fearful of further damage to their homes or businesses whenever bad weather is forecast. Has the possibility of a flood insurance cover scheme to underwrite flood risk been explored? Similar reassurance schemes exist in other jurisdictions such as Flood Re in the UK. Is the Minister of State of the opinion that such a scheme could be implemented here?
My home town of Fermoy has had flood protection, thank God, since 2012, which is working very successfully. However there are some commercial businesses that still cannot get insurance, even though the town is flood protected.
Again, I thank the Minister of State for his response.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-02-10/debate/main
Retrieved: 2026-08-14T04:54:36+00:00
Sitting date: 2026-02-10