Results 11,081-11,100 of 26,053 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Is it on a statutory footing in Northern Ireland and the United Kingdom?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Mr. Faughnan spoke about Setanta. From what I understand, Setanta's management and control of operations, in essence, were based in Ireland. Am I correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: However, the company was regulated in Malta.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: But the issue here was a prudential issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What would give comfort to the insurance industry? If I am correct, what appears to have happened is there was huge competition, in which companies probably were outbidding one another to a level that may not have been sustainable. People now are pulling back, Setanta has folded and many entities are pulling out of the market. Premiums literally have gone through the roof and they are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Young drivers and old drivers are becoming major casualties. What would give comfort in this regard? What type of regulatory regime should be in place here that would bring other insurance providers into the market, thereby bringing about what would be termed a sustainable level in which insurance premiums for younger drivers, older drivers and other groups would decrease to a realistic...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What do the data show?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Is Mr. Faughnan including Northern Ireland in that comparison?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Is that across the age groups?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What has happened from 2014, when premiums were 40% lower, to the present?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: That is a switch of more than 50%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: I apologise. Finally, in respect of Setanta and the regulation, what needs to be done to encourage providers to come in?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What is the single action Mr. Griffin and Mr. Moran would like to see taken for their respective groups, namely, younger drivers and older drivers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: I welcome the witnesses and will turn first to Ms Murphy. If a road haulier is operating in Europe and a particular truck is spending most of its time in mainland Europe, can it be insured through an insurance company outside Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: Is that in recent times?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: What year is Ms Murphy referring to?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: Was that over a period of three years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: That is four times.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: Does Ms Murphy believe they are operating a cartel?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Kieran O'Donnell: If members of the IRHA were allowed to get insurance from an insurance group based in mainland Europe, would it bring down costs by providers in Ireland?