Taxpayer could pay outstanding Irish claims of collapsed Danish insurer Qudos

The Irish taxpayer could be left to pay the outstanding claims of Irish policyholders of collapsed Danish insurer Qudos through the Insurance Compensation Fund (ICF).

It has emerged that, due to a change in Danish law in May of this year, the Danish Insurance Guarantee Scheme will not be liable to meet Irish claims if Qudos is declared bankrupt after January 1, 2019.