Results 5,881-5,900 of 10,460 for speaker:Gerry Horkan
- Seanad: An tOrd Gnó - Order of Business (13 Jun 2019)
Gerry Horkan: I did not ask the Leader for that.
- Seanad: An tOrd Gnó - Order of Business (13 Jun 2019)
Gerry Horkan: The Leader is goading us now and it is not-----
- Seanad: An tOrd Gnó - Order of Business (13 Jun 2019)
Gerry Horkan: We know that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee (13 Jun 2019)
Gerry Horkan: I propose that we go into private session to consider committee matters. Is that agreed? Agreed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (13 Jun 2019)
Gerry Horkan: The schedule A proposal before the committee is a proposal for a Council directive amending Directive 2006/112/EC on the common system of value added tax and Directive 2008/118/EC concerning the general arrangements for excise duty as regards defence effort within the Union framework. Is it agreed that this proposal does not warrant further scrutiny? Agreed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: I welcome the Minister of State, Deputy D'Arcy, and his team. Today we will discuss the current state of play with regard to the cost of insurance working group and the cost of insurance for businesses generally. The committee has been concerned about these matters for a significant time. We discussed the issue of insurance costs for small and medium-sized businesses in April. The...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: This matter is very tenuously related to insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: I have given the Senator a fair bit of latitude but I remind members that this session is about insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: Today's module is insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: I thank the Minister of State for his opening statement. I appreciate that he has said he does not know from where the figures have come but I want to draw attention to the Alliance for Insurance Reform survey that was only circulated to us earlier. There were 494 responses, with the largest sector being motor and transport, followed by hospitality, leisure, retail, not-for-profits,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: It was that 24% of the respondents were in the motor transport sector. There were 494 respondents and approximately 25% were in the sector. The overall insurance cost for everybody, including hospitality and retail, went up.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: These are averages.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: I will explain that figure about the insurance cost. It was that they took the 2019 renewal, minus the 2015 costs and divided by the 2015 costs. That was their insurance cost generally. It was not motor insurance but whatever costs they have. While they are now only legally obliged to have motor insurance, it would be very unwise of a restaurant, play centre, event space or pub to try to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: Is that this year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: Will that give us details of claim payouts-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: Will that be on a total industry basis?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: We will get an idea of how profitable or otherwise they appear to be.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: That is welcome. It has taken quite some time but it will be there.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: We were talking about this in 2016. I am referring to the time taken to when it finally became law.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Gerry Horkan: Will the visibility be on motor insurance only?