Results 3,441-3,460 of 26,705 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: 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...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I ask Mr. O'Midheach to respond.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Mr. Connaughton.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Finally, on the wording of business interruption policies, did the organisations represented change the wording of these policies in 2020 or thereafter, when all of this kicked off? In relation to the timelines, will the organisations suspend the application of any timelines in their policies for policyholders making claims under the business interruption policies for affected businesses,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Was the wording that FBD changed defective in some way, loosely worded or open to interpretation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Does AIG wish to comment on that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: Does Deputy MacSharry have a question before we finish? We are obliged to wind up now.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: We are due to wind up, Mr. Connaughton. You might send us a further clarification-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
John McGuinness: I thank all the members and thank the insurance companies for appearing before us today. I am sorry the meeting has gone over time but I am thankful for their contribution. I will ask the clerk to the committee to send some questions that I did not reach in my contribution to all the companies and they might write back in response to each and every one of them. As for other queries that...