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Hannah King, Maia O’Neill and Grace Copner collecting the freshen shorn wool fleece during their traditional crafts project on the Story of Wool at Clouna National School.
Photography by Eugene McCafferty
Kids’ shear joy in story of wool
May 20, 2021
Clouna pupils treated to display of sheep shearing as part of their Story Of Wool project for Cruinniú na nÓg
THE creative work of children in a North Clare national school will be showcased as part of an exhibition for Cruinniú na nÓg on June 12, subject to Covid-19 guidelines.
“From our point of view in terms of thinking of the financial system as a whole, it’s not enough if insurers have the capacity to pay every claim, but there’s a shrinking number of people who can actually secure insurance,” Carmody told the hearing.
“You could extrapolate to a tiny pool where no one has an insurance policy but every claim can be paid. That might still mean there is no insolvency problem at an insurance level, but from a financial system point of view, that represents a failure.”
Carmody said the regulator had been regularly advising large financial institutions about the financial risks posed by climate change.