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Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: What is the alternative to those insurance companies for auto-enrolment?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: My second question uses that dreadful word, "cartel". Do the insurance companies in Ireland operate as a cartel? Mr. Jennings will probably not be able to answer that.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: Have they been investigated for running a cartel?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: One last tiny question.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: Mr. Hanley said 13% profit is typical in Ireland. Insurance companies are obviously multinationals. They are part of groups, etc. I just question that figure of 13%. That is based on an Irish-registered company trading just in Ireland, so are the witnesses confident enough that that figure of 13% for profit relates just to activity in the Republic of Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: It is really about action and about the Government doing things. We can all talk and bemoan the fact that insurance companies are making lots of money but it comes down to what actions we actually take. I note there are deadlines and timelines for many of those actions although not for all of them.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Insurance Matters: Engagement with the Alliance for Insurance Reform (17 Sep 2025)

Edward Timmins: Are the witnesses aware of any investigation?

Written Answers — Department of Education and Skills: Special Educational Needs (8 Sep 2025)

Edward Timmins: 1039. To ask the Minister for Education and Skills for an update on the opening of a special school (details supplied). [47331/25]

Written Answers — Department of Health: Care Services (8 Sep 2025)

Edward Timmins: 2669. To ask the Minister for Health when a person (details supplied) will receive neurological endovascular or stroke care therapy. [47476/25]

Written Answers — Department of Defence: Defence Forces (18 Sep 2025)

Edward Timmins: 45. To ask the Taoiseach and Minister for Defence the progress at securing a primary radar system; and if he will make a statement on the matter. [49099/25]

Written Answers — Department of Defence: Departmental Properties (18 Sep 2025)

Edward Timmins: 67. To ask the Taoiseach and Minister for Defence his plans for accommodation at the Manor Kilbride Army Camp and Range, County Wicklow. [49267/25]

Written Answers — Department of Environment, Community and Local Government: Electricity Transmission Network (18 Sep 2025)

Edward Timmins: 152. To ask the Minister for Environment, Community and Local Government given the frequent long delays for electricity connections on newly built houses, if there are plans to ensure available capacity and a timely response from the ESB to ensure no delays in housing delivery. [49109/25]

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: Dr. Kelly has no particular suggestion. That is fine. I am interested in where he came up with the €13.9 billion underlying deficit for 2027. I have previously seen the €6 billion for 2026, taking out the windfall corporation tax. How did he come up with the figure of €13.9 billion? Does he have indications of 2027 expenditure? Does the Central Bank look that far...

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: What particular supports is Dr. Kelly talking about that firms are receiving?

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: Given the high amount on deposit in Ireland - €160 billion or whatever it is - held by people in banks and earning little or no interest, what kind of savings scheme would the witnesses suggest? It was alluded to in the opening statement. I ask them to be more particular on any ideas they might have or that we could replicate? Other countries have such schemes. The Swedish model...

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: There is nothing in the pipeline at present.

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: I thank Dr. Kelly for the presentation. I have four or five questions. Dr. Kelly mentioned broadening the tax base but where would he suggest we raise extra tax?

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: Dr. Kelly referred to countercyclical policies. We all understand the concept that when things go bad, you spend from your savings fund, and when things are booming, you cut back on your expenditure. In reality, as he knows, it is never that simple. Your instinct when things are going bad is to cut spending. We experienced a crash in 2008 and 2009 and our income dropped dramatically....

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: The written submission provided refers to untargeted and widespread fiscal support not being necessary. What exactly is being referred to there? Is it a reference to the one-off energy credits that were given last year, the double children's allowance, Christmas bonuses and social welfare, or is it a reference to other fiscal supports?

Committee on Budgetary Oversight: Pre-Budget Engagement (Resumed) (23 Sep 2025)

Edward Timmins: Is there anything the witnesses have in mind in particular, something like the SSIA that was there 20 years ago? Are there any particular schemes that could be put in place here in Ireland?

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