Results 4,281-4,300 of 5,104 for speaker:Mairéad Farrell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I would like it if Mr. Bradley could specifically outline in nominal and percentage terms the operating profits for 2018, 2019 and 2020. I am conscious of the fact we are under a bit of time pressure so if he does not have it now, I ask that he forward the figures to the committee. That would be fine too. I am conscious of time as we only have about 45 minutes left.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: Okay. What percentage of a premium charge is due to the cost of claims? What is the cost of claims arising from personal injury awards?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: Okay. What percentage of AXA's total costs are attributed to claims costs and then claims costs arising from personal injury awards?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I am sorry. Has AXA projected the new personal injuries guidelines to reduce its claims costs arising from personal injury awards?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: Okay. I will now put those same questions to Mr. Connaughton if his sound levels have improved. Does he have in front of him the figures for AIG's operating profits for 2018, 2019 and 2020, in nominal and percentage terms?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: Okay, go raibh maith agat. Does AIG price a premium based on the risk profile of the customer and expect a cost of claims for the following 12 months or for the contract period?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: What percentage of a premium charge is due to the cost of claims? What is the cost of claims arising from personal injury awards?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: How has AIG projected the new personal injuries guidelines to reduce its claims and costs arising from personal injury awards?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: That is all from me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I welcome the witnesses. I will commence with questions to Engineers Ireland. The committee has received correspondence from fire safety engineers who are concerned about the huge rise in the cost of PI insurance. One particular company said that the cost of cover in 2019 was €2,500, that it then rose to €7,000 in 2020 and that in 2021, initially, it was unable to get a quote...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I thank the Chairman and I advise him that I would like to come back in later.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I have five straightforward questions. If the representatives of the two companies can just answer them, we will get through them very quickly. What were the companies' operating profits for 2018, 2019 and 2020, in nominal and percentage terms?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Developments in the Insurance Industry: Discussion (Resumed) (26 May 2021)

Mairéad Farrell: I will move on to my next question. Do the companies price the premium based on the risk profile of the customer and expect a cost of claims for the following 12 months or for the contract period?

Annexation of Palestine: Motion [Private Members] (25 May 2021)

Mairéad Farrell: Perhaps there is no other western country in the world whose people feel the same sense of solidarity with the Palestinian people quite as do the people of Ireland. As we watch in horror as bombs are dropped on Palestinian homes, hospitals and media outlets, we feel their pain and critically, we know that as Irish people we have a duty to shout "Stop". As Irish people we do not have the...

Regulation of Tenderers Bill 2021: First Stage (25 May 2021)

Mairéad Farrell: I move: "That the Bill be taken in Private Members' time."

Regulation of Tenderers Bill 2021: First Stage (25 May 2021)

Mairéad Farrell: I move: That leave be granted to introduce a Bill entitled an Act to provide that abnormally low tender bids for construction works with a contract equal to or above the EU threshold for public works are regulated, and disqualified, if their low level is not adequately explained to the relevant authority, and that performance in prior public contracts be grounds for exclusion from...

An tOrd Gnó - Order of Business (25 May 2021)

Mairéad Farrell: I raise the issue of the derelict site at the former Corrib Great Southern Hotel. In 2010, planning permission was granted to demolish the current structures. In 2015, the site was added to the derelict site register. Years later, however, we are still stuck with this eyesore in one of the most prominent locations in the east of the city. At a time when people cannot afford homes, we...

An tOrd Gnó - Order of Business (25 May 2021)

Mairéad Farrell: Sinn Féin wrote to the Business Committee last week regarding the Government's submission to the EU recovery fund. Last week, it was announced that the Government was to make its submission to that fund this week, without it having been discussed in the Dáil at any point or at committee level. This involves €853 million, which is significant. We wrote to the Business...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Legal Services (25 May 2021)

Mairéad Farrell: 63. To ask the Minister for Enterprise, Trade and Employment the amount spent by his Department on external professional legal services in 2014, 2019 and 2020, in tabular form. [28300/21]

Written Answers — Department of Communications, Climate Action and Environment: Departmental Legal Services (25 May 2021)

Mairéad Farrell: 85. To ask the Minister for Communications, Climate Action and Environment the amount spent by his Department on external professional legal services in 2014, 2019 and 2020, in tabular form. [28301/21]