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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I remind members and witnesses to turn off their mobile phones. Apologies have been received from Deputy Matthews. At our earlier meeting, the minutes of the joint meeting of 27 April were agreed. The purpose of this meeting is our detailed scrutiny of the Judicial Council (Amendment) Bill 2021, which is a Private Members' Bill. I welcome Mr. Peter Boland, director of the Alliance for...

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Benefits (4 May 2022)

John McGuinness: 307. To ask the Minister for Employment Affairs and Social Protection if she will expedite a response to a carer’s allowance application by a person (details supplied); and if she will make a statement on the matter. [21940/22]

Written Answers — Department of Agriculture, Food and the Marine: Horse Racing Industry (4 May 2022)

John McGuinness: 560. To ask the Minister for Agriculture, Food and the Marine the actions that he is taking to deal with the backlog of the registration of horses with Horse Sport Ireland; the number of staff employed to carry out this process; the reason for the long delays being experienced by those phoning the agency; and if he will make a statement on the matter. [21762/22]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: No.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: Okay. Deputy Doherty might wish to ask some questions in the meantime.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: That brings us to the end of our consideration of this matter for this part of the meeting. I thank Mr. Boland for attending and I thank members and Deputy Doherty for their input.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: We are now joined from Insurance Ireland by Ms Moyagh Murdock, CEO; Mr. Florian Wimber, director of advocacy, communications and public affairs; Ms Jacqueline Thornton, director of regulation and policy development and company secretary; and Mr. Michael Horan, non-life-insurance manager. We will have an opening statement, followed by questions. I invite Ms Murdock to make her opening...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: In spite of your best efforts, Deputy, I do not think there is going to be a meeting of minds here.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: For fear that the witnesses might think that Deputy Doherty is the only one with such views on the insurance industry in Ireland, I want to say that I have not experienced decreases for insurance cover, either for businesses that I know that have complained to me, or for individual motorists, although some have. In the main, regardless of what statistics the witnesses quote, I hear more...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I would never have guessed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: Have you-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I do not want to get into that now. I want to focus on the reasons we do not have companies wanting to come to Ireland. I want to know why, despite Insurance Ireland's best efforts, they do not respond or come here. Ms Murdock is saying that the cost of regulation is one of the obstacles. Has Insurance Ireland discussed that with the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: Will Ms Murdoch provide the committee with a written explanation of the cost of regulation and what it means? This is so that we can put words around what is generally bandied about or said about the cost of regulation. All of Insurance Ireland's best efforts, according to Ms Murdock, have failed to attract companies to come in. Apart from the cost of regulation, will she set out for us in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I am talking about the basic act of attracting someone in to provide motor cover, public liability or anything else.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I do not want it clouded with global issues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: I am interested in the customers in Ireland who are telling me that they pay too much.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Judicial Council (Amendment) Bill 2021: Discussion (4 May 2022)

John McGuinness: The Central Bank is at fault there.

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