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Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: The machine often spits it back.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: Mr. Jennings indicated that the cost of wages was a major impediment to doing business. If he had the option, would he reduce the minimum wage? I am curious about that.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: I have a couple of queries for Mr. Thompson and Mr. Byrne. I have read the submission. My understanding is they are representing the insurance underwriters. Is that correct?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: The issue of insurance has been dealt with and discussed by this committee, on and off. It seems as if the book of quantum is being thrown to the wind at this stage, given what we read in the newspapers on settlement figures and all the rest. I am curious as to why this is the case and why the book of quantum seems to be used a lot less. How does Insurance Ireland view that problem, from...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: There are cases such as this, where insurers would not contact their client, or someone else on the road, to find out what the reality was. It is a no-brainer for me.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: Can I continue with the queries on auctioneering?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: I welcome Mr. Davitt and Ms. Mogerley. I have a few questions for Mr. Davitt. He has mentioned the relationship between the rental values of properties and rates. It is hard to believe that when a customer feels aggrieved at the new rates he has been quoted after a revaluation, the associated rental values would not be talked about. Perhaps Mr. Davitt could enlighten the committee about...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: I invite Mr. Thompson to continue.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: Traditionally, many insurance underwriters have been based outside this jurisdiction. When Quinn insurance operated here, it was perceived to be an Irish underwriting operation. Are there any real Irish underwriters now? What is the make-up of the underwriters in the Irish market at present?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: Who is that?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: FBD is the only provider in the Irish market that is underwriting its own policies. That is incredible. Does anyone have anything further to add?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (28 Nov 2017)

Aidan Davitt: I appreciate that. It is a valid point. The witnesses can have a discussion or a set-to about the cost of insurance outside after this meeting. I thank them for attending and engaging with the committee. This is the third in our series of meetings on this topic. Our next meeting will be held on 12 December and it is intended a further meeting will be held in January. We have talked...

Seanad: Diplomatic Relations (Miscellaneous Provisions) Bill 2017: Second Stage (29 Nov 2017)

Aidan Davitt: Could I have more time?

Seanad: Diplomatic Relations (Miscellaneous Provisions) Bill 2017: Second Stage (29 Nov 2017)

Aidan Davitt: We will have to abide by the rules that have been set down. I thank the Minister for outlining his plan in terms of the Bill. The Bill proposes to extend the privileges and immunities the Government may confer on international organisations, communities or bodies to include those that are equivalent or have like effect to those set down in specific international conventions, including the...

Seanad: Diplomatic Relations (Miscellaneous Provisions) Bill 2017: Second Stage (29 Nov 2017)

Aidan Davitt: That was the last session.

Seanad: Order of Business (6 Dec 2017)

Aidan Davitt: I suggest that before renewing all banking licences in the country, the Minister for Finance should liaise with the Central Bank and co-ordinate a plan of the facilities the banks are obliged to provide under their licences, which I would suggest they probably are not providing. I was horrified recently to hear a litany of abject neglect by the banking sector of its customers. As many...

Seanad: Order of Business (7 Dec 2017)

Aidan Davitt: I promise not to test the Cathaoirleach as much as some of the previous speakers.

Seanad: Order of Business (7 Dec 2017)

Aidan Davitt: I agree with Senators Gavan, Grace O'Sullivan, O'Reilly and Higgins that a Minister should be called to this House today to debate our proposed PESCO commitments, particularly in the context of Irish neutrality. I do not know if we are setting the bar too high by asking for the Taoiseach to come here. It will be great if he does. We should avail of the presence of the Minister to discuss...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (12 Dec 2017)

Aidan Davitt: I noted that in the presentation made by Restaurants Ireland it was stated its members might have to look outside the country for insurance cover. The cost of insurance has been repeatedly raised as an issue before the committee and it is, with rates, one of the two biggest issues. Has Restaurants Ireland done any work in that regard or on associated problems? Although it falls slightly...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Cost of Doing Business in Ireland: Discussion (Resumed) (12 Dec 2017)

Aidan Davitt: I also asked about the construction industry.

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