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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: No, I am not talking about an illegal act at this stage; I am talking about what could later be determined as reckless trading. This means, as the fellow said, sailing close to the shore.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: I am aware that an illegal act would change the whole scene. In the event that the action was not determined to be an illegal act but it was a high-risk act - otherwise they would not be looking for cover in the particular situation - can Mr. O'Rourke give us any indication as to how those issues are greeted nowadays? Does the insurer come out to the front door to meet the person seeking...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: Who would?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: It is up to the insurance company to accept the proposal.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: How can an individual insurance company assess that kind of risk? Is it taken as granted? Do the companies ordinarily proceed with the cover or do they refer to anybody to examine it? Do insurers say to themselves, "I do not think this is a very good risk and we should not have it"? I pursued this issue ten years ago. I came to the conclusion that there could have been a serious amount...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: Okay, we are running out of time. I will give the other question now too. The problem with putting two or three questions in together, it is the easiest one that gets the reply. However, I will hold the other one for the moment because this will only take a short time. The other one will take even less time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: I will ask my last question. It is a question I asked insurance companies some years ago. Many small business people and private citizens have a number of vehicles for which they require insurance cover. Some families may have up to 20 vehicles depending on the size of the family. I inquired as to whether fleet insurance was available. Immediately, the insurance companies threw up their...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: I thank Mr. O'Rourke. I thank the Chairman. I will be a good boy now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: I said I would be a good boy and I apologise in advanced. I asked whether insurance companies covered any financial investment risks and so on. I forgot to ask whether they invest in funds that may require rescuing at a later stage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (19 May 2021)

Bernard Durkan: What do the companies do with their cash flow? They have a good cash flow and moneys to invest on any given day or week, sometimes very considerable amounts. Is it put into a bank account with a return of 1% or 2% or is it invested in a fund?

Joint Oireachtas Committee on Health: Ventilation and Covid-19: Discussion (19 May 2021)

Bernard Durkan: This is an issue in which I have a special interest because I happen to suffer from a sinus condition. My sinuses are particularly irritated by dust and particles of all descriptions. It is of the utmost importance to address the needs identified. It is necessary to avail of technology in every way possible, particularly in the context of hospital wards, nursing homes, public transport,...

Joint Oireachtas Committee on Health: Ventilation and Covid-19: Discussion (19 May 2021)

Bernard Durkan: How big would the investment be for the school, airline company or building?

Joint Oireachtas Committee on Health: Ventilation and Covid-19: Discussion (19 May 2021)

Bernard Durkan: I will return to the matter at some point. I did not get an answer on whether measurements are in microns.

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: This question, in the name of Deputy Stanton, seeks to ascertain the progress made since the inception of the local training initiatives, LTIs, that is, how they have developed, the extent to which trainees have gone on to better things and a general profile of how the system is operating.

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: I thank the Minister of State for his reply. Will the number of participants, county-by-county, be made readily available? How many participants are involved now? Has the number fluctuated since the inception of LTIs? What reasons were given by those who did not complete their courses? Are there plans to improve, update or upgrade this scheme to attract the maximum number of participants...

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: I thank the Minister of State for his response. I ask whether it might be possible to identify the direction in which the participants go after completing a course. Do many of them come back for repeat courses? Can they come back for repeat courses? In relation to the expansion, development and evolution of the courses for the participants, does the Minister of State have any proposals...

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: 87. To ask the Minister for Education and Skills the extent to which he has advanced his proposals for the maximisation of achievement and the attainment of various targets identifiable through the mission statement of his Department; the degree to which the efforts to date are in consort with already identified requirements in the academic, technological, scientific and innovative areas with...

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: This question relates to a subject that I raised with the Minister previously in regard to the development of an adequate supply of highly qualified graduates in both the academic and technical areas, and meeting the market requirements in that regard.

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: Can I further inquire as to whether, or the extent to which, the Minister and his Department continue to liaise with the various trades and professions with a view to attempting to identify the precise level of requirement into the future, and how will this compare with the experiences of other jurisdictions in the EU over the last 20 to 40 years, given their success in that area? To what...

Ceisteanna Eile - Other Questions: Further and Higher Education (20 May 2021)

Bernard Durkan: Has the Department, in its continued liaison with the various authorities throughout the country, observed any particular requirements specific to geographical areas that occur in one more than another? Is the Minister conscious of the fact that in the future we may need to diversify to a greater extent than in the past arising from, for example, Brexit and the impact of Covid-19? Are...

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