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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank (8 Dec 2021)

John McGuinness: Please do.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank (8 Dec 2021)

John McGuinness: The members have put forward their questions. I thank Ulster Bank for coming in today. I wish it well with the work ahead and especially the work with its staff and customers. I ask it provide us with whatever information requested by members which bank officials did not have to hand. I again thank Ms Howard and her team.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank (8 Dec 2021)

John McGuinness: How many customers are affected by that tracker mortgage issue? What is the number of mortgages in the tracker mortgage book? How many customers will be affected by having to make a decision on this?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: The first item on the agenda is the minutes of our meetings on 1 and 8 December 2021. The minutes were agreed and dealt with at our private meeting. Is that agreed? Agreed. I refer to the Ombudsman and Information Commissioner. Members are aware of the announcement by the Minister for Public Expenditure and Reform, Deputy Michael McGrath, that Mr. Ger Deering was selected as the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: Would Mr. Deering like to comment or is he okay with that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: Does the Deputy have another question before I move on?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: Earlier, Mr. Deering stated: "I believe a society should be judged by the way it treats its most vulnerable members." Society includes Government as well. Government has a duty of care to its people, which it does not exercise very well. That brings me to culture. Mr. Deering stated that he does not believe it is an issue solely to do with culture. I happen to disagree with that. I will...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: I thank Mr. Deering for that response. It will be a comfort to those listening in today to know that at least someone recognises this. I hope that those within the service that inflict pain on and disrupt these people's lives will recognise that change is absolutely needed and is being encouraged. In Mr. Deering, we have someone who will champion the change that is necessary to bring about...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: I thank the Deputy. The committee has now had a fulsome engagement with Mr. Deering and will now send a message to the Clerks of the Dáil and the Seanad indicating that the Joint Committee on Finance Public Expenditure and Reform, and Taoiseach, has completed its consideration of the motion and recommends Mr. Ger Deering for appointment by the President, to be the Ombudsman and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Ombudsman and Information Commissioner: Commissioner Designate (9 Dec 2021)

John McGuinness: With regard to the asylum and immigration processes, again reflecting on my work as a constituency representative, I have monitored a number of cases that have been just allowed to linger on within the system with opportunity lost, and a life poorly spent because of the State not being efficient enough to allow the individual to work at whatever age that person might be. I have seen another...

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

John McGuinness: The minutes of the joint committee meeting on 1 December 2021 were agreed by the committee in private session. Today's meeting is our engagement with insurance companies. I welcome members and guests to the committee. We are joined today by Mr. Kevin Thompson, CEO of the RSA Group; Mr. Trevor Lowry, chief underwriting officer, RSA Group; we also have Mr. Tomás O'Midheach, CEO, FBD...

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

John McGuinness: When members put their questions, we would like both witnesses to respond. I will then allow the flow of the meeting between the witness and the member.

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

John McGuinness: We will start with the RSA Group.

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

John McGuinness: That is entirely my fault. I ask Mr. Connaughton to give the opening statement now and then answer the question.

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

John McGuinness: I thank Mr. Connaughton. Could he address the question asked by Deputy Mairéad Farrell?

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

John McGuinness: Would AIG like to comment on that?

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

John McGuinness: Would RSA like to respond?

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

John McGuinness: Is that okay, Deputy?

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

John McGuinness: Deputy MacSharry is next.

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