Results 21,161-21,180 of 35,959 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Yes. So the witness is basically saying to scrap that idea of what we paid out in the past and look at what we should be paying out in the future based on the maximum going down, which would actually bring some of the soft tissue injuries down to an appropriate level.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Yes, that is fair enough.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: That is something with which I agree. I have written personally to the CSO to ask it to consider taking that over under its new work programme. I wish to ask questions on two final areas. They relate to the submission by the MIAB. There is so much in it and so many recommendations. That is very helpful for us. Ms Dowling mentioned that there are sections of the PIAB and the civil...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Is that a silver bullet? Is that a case of-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: -----one of the silver bullets actually commencing a piece of legislation that we already voted on many years ago?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Are these ministerial orders? Are they ministerial orders that are needed to authorise the section of the Act that has already passed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Okay. I would like to come back to the purpose of this and what people want, which are solutions. They also want to figure out what is going on here and why it has gone on. Ms Dowling mentioned an area at which I have been looking. If the cause of this is Solvency II, the insurance industry should just say it, apologise, get on with it and stop all this pretence that it is about something...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Do the brokers have a view on the reason for the 70% increase? I have given a view in terms of what I have learned so far.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Yes. The potential to-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: I know. If it could be at that level, they have to provide for that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Hopefully, the committee will be able to adjudicate on that in due time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Cuirim fáilte roimh na finnéithe. I welcome the presentations and the responses to many questions, some of which I intended to pose. The Society of Actuaries in Ireland has given a good example of what has been happening since 2010, a picture with which we are quite familiar. We have seen an increase of 70% in premiums in the past two years. I do not suggest it has come from the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: For Zurich plc?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Mr. Dunne no longer works for Zurich but did he work for the company?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Did Mr. Dunne have responsibility for Ireland, Europe and Africa?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Is it correct to say that Mr. Dunne had quite a senior position in Zurich?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Is it correct to say Mr. Dunne has a good global view of the insurance market?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: Insurance Ireland will come before the committee but, as Mr. Dunne indicated, we do not have the data and the society does not have the data. However, given his very senior position within Zurich plc, the sixth largest insurance company in Ireland in terms of motor insurance, which was still recording underwriting losses in 2014 according to the Central Bank’s accounts and published...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: The only reason I make the point is that there were a number of comments to the effect that witnesses do not have access to the data, but Mr. Dunne would have had access to the data.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Pearse Doherty: The information might be confidential.