At the start of 2010 it was agreed that New Ireland Assurance would be sold as part of the EU Restructuring Plan for the Bank of Ireland Group.
A Revised Plan has now been submitted to the European Commission. Within this Revised Plan, it is proposed that the sale timetable for New Ireland Assurance would be extended by 12 months to December 2013. A decision from the Commission in relation to this Revised Plan is expected later this year.
New Ireland Assurance
June 2011