Oireachtas Joint and Select Committees
Wednesday, 19 January 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Covid-19 Payments and the Sale of AIB shares: Minister for Finance
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
The Minister seems to be very hands-off when it comes to this issue, in spite of him being the senior Minister. I heard the Minister of State, Deputy Fleming, state on a radio programme that he wanted to find out how British insurance companies were not deducting these payments. The Minister is aware that it was not even 2021, but 2020 when the Association of British Insurers wrote to the Secretary of the Treasury and announced that 12 insurance companies, many of which operate here, would not be deducting certain pandemic payments from business interruption claims. These companies include Allianz, Zurich, Aviva, RSA and Axa. They are all operating here. What has the Minister done? Has he asked any of these companies why they are not deducting these grants and supports from business interruption claims in Britain, and in Newry, Derry, Belfast and the Bogside, but are doing so in Donegal, Dublin, Kerry and Cork?
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