Court approves payment of €2.1m to meet cost of claims against collapsed insurer Setanta 

This is the 10th such payment out of the State’s Insurance Compensation Fund since 2016

The €2.1m payment approval was sought to meet the cost of 50 claims against the insurer. Picture: iStock

A further payment of €2.1m out of the State’s Insurance Compensation Fund concerning personal injury claims against collapsed Maltese-registered motor insurer Setanta has been approved by the High Court.

The €2.1m payment approval was sought on Monday by John Walker SC, for the State Claims Agency, to meet the cost of 50 claims against the insurer. It includes 21 third-party claims and a number of cases involving minors.