Results 5,541-5,560 of 16,285 for speaker:Peadar Tóibín

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Peadar Tóibín: May I ask if the insurance companies would at least furnish us with the percentage of fraudulent claims they deal with? This was brought up previously by another Deputy in this committee. There was a controversy at the time between the estimated percentage of claims that are deemed, understood or at least priced to be fraudulent within the insurance companies and the amount that actually go...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Peadar Tóibín: I have two final questions. What is the witnesses’ analysis of the duty of care situation in Ireland and the costs that brings to the system?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Peadar Tóibín: On the community base, I have worked with a number of community organisations that are finding it nearly impossible to get insurance cover. I was listening earlier on, and one insurance company - I apologise that I cannot identify which one said this - claimed it had 100 community organisations on its books. Is it not true that insurance companies are stepping away from or retreating from...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Peadar Tóibín: If claims make up 70% of business and there is a reduction of 40% in the value of claims, would that not make the reduction of 10% in the price of insurance seem quite small? If a 40% fall in the majority of the costs the insurance companies deal with translates to a 10% reduction in the cost for customers, does that reduction not seem small?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: Ba mhaith liom buíochas a ghabháil le Mr. Algeo as ucht teacht isteach. The purpose of the national lottery is to raise money for worthy causes and to have a regular prize draw for the public. That is not happening at the moment, so it is clear the system is broken. It is clear that what we have today is not what was designed in the first place. It has not happened by accident....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: There is no way that Mr. Algeo's company does not break out the monthly turnout of its sales. I am sure any managing director would be acutely interested in the monthly turnover and profit of the business.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: Mr. Algeo stated that these things are sensitive because of competition. With whom is PLI in competition in Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: That is a very broad understanding of competition by anybody’s measure. Surely a jackpot worth €19 million is a licensed business because it is singular in its operation and does not have direct competition.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: I understand that but, to put it in marketing terms, if you do not analyse your competitors with a sharp focus, you will not be able to compete fully or operate. I do not accept that expenditure on a national lottery jackpot is in competition with pretty much all other discretionary expenditure, and I am sure that most others do not either. Is it not in the lottery’s interest to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: Does Mr. Algeo not admit that, in the past four months, there has been an increase in sales for the jackpot prize of the national lottery and that, as a result, it is fair to understand that an increasingly high jackpot increases turnover and profitability? There is probably a flipside, however, in that if it gets into the public psyche that a draw or jackpot cannot be won, it hurts sales,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: In hindsight, maybe the addition of the extra balls has caused difficulty. PLI is a consortium. It includes the An Post pension fund and the Ontario Teachers’ Pension Plan. Accounts have shown that PLI has racked up about €120 million in interest on loans from the consortium since 2014. The payment of the interest is having an effect on reported profitability. It is hard...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: The interest repayments are the reason profitability has been reduced.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Issues Related to the National Lottery: Discussion (15 Dec 2021)

Peadar Tóibín: The licence is granted by the State. We have to return to the original model of regular jackpots. It is necessary to have time limits within which jackpots must be won.

Residential Tenancies (Amendment) (Extension of Notice Periods) Bill 2021: Second Stage [Private Members] (14 Dec 2021)

Peadar Tóibín: Many of us on this side of the Chamber expected the Green Party to play, to some extent, a sort of a watchdog role within the Government. We believed that, given its election manifesto and its long-held objectives in regard to housing and many other issues, the party would ensure it put pressure on both Fianna Fáil and Fine Gael to make them do right by key issues such as housing. I...

Ceisteanna - Questions: Economic Policy (14 Dec 2021)

Peadar Tóibín: The Sunday Independentreported that 300,000 jobs are being supported and approximately 25,000 businesses are under pressure as a result of Covid and the restrictions that have been implemented. IBEC has stated that in hospitality, there will be 40,000 fewer jobs in 2022 than in 2019, an incredible figure. The majority of these jobs will be lost by women and the second greatest proportion of...

Ceisteanna - Questions: Government Communications (14 Dec 2021)

Peadar Tóibín: What about the idea of this being centralised?

Ceisteanna - Questions: Government Communications (14 Dec 2021)

Peadar Tóibín: This day last week, the Taoiseach stated that only 93,000 of 180,000 people showed up for their booster appointments. He suggested there was not the same urgency for boosters as there was for the first doses of the Covid-19 vaccine. Does he stand by that statement? Is it still correct? Was it even correct last week? My office and those of other Deputies are getting calls from people who...

Ceisteanna - Questions: Government Communications (14 Dec 2021)

Peadar Tóibín: Was anything I said incorrect?

Ceisteanna - Questions: Government Communications (14 Dec 2021)

Peadar Tóibín: Was anything I said incorrect?

Ceisteanna - Questions: Departmental Strategies (14 Dec 2021)

Peadar Tóibín: The women have said it.