No bottom line: assessing the merits of ISIF as the investment arm of the Irish State
To the question "what is ISIF for?", there is no one answer. It does everything from chase returns to develop regional economies. It has evolved from a pool of assets into the specialised investment arm of the Irish State. But how is it performing?
FBD has been found liable for business interruption insurance policies. The next question is, what’s the bill?
Now FBD knows it's liable for business interruption cover, it can start the process of figuring out the bottom-line cost. Policy holders, reinsurance contracts and the courts will all have a say.