Results 3,161-3,180 of 26,433 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Is that okay, Deputy?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Deputy MacSharry is next.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: If Mr. Connaughton has any further information to add, he can send it to the committee.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I ask for short answers in that regard. We will start with the RSA.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: The Deputy asked the question of the three companies. We have got one answer and we want to go to FBD and RSA. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I call Deputy Rose Conway-Walsh. We are running against time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Does the Deputy mean relative to no cover being available?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: All the insurers have indicated they do not provide cover.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Will the witnesses comment on the availability of such cover?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: adfadf
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: The witnesses have given the Deputy a general answer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: We can ask each of the companies to submit as much information as they can on the issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I want to raise with all companies the letter they received from the Central Bank on 11 June 2021. It covers the Covid-19 and business interruption insurance expectations in relation to costs and the criteria for test cases. The letter sets out the Central Bank of Ireland’s expectations, which include arbitrations, proceedings before the courts, or indeed the Financial Services and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Do the representatives from AIG wish to respond?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: In terms of the request by the Central Bank to do a test case, how has AIG complied with that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I ask the representatives of the RSA Group to respond.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: The cost of €100,000 was mentioned.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Is that process not going against the spirit of-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Sorry?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: The arbitration itself is behind closed doors so the public, the industry generally, the Central Bank or indeed, any other interested party, will not know the outcome of such a process. The Central Bank "expects insurers to consider publicly available outcomes of legal actions". In other parts of that correspondence of 11 June 2021, being more open and transparent is mentioned. Before I...