Results 6,901-6,920 of 26,465 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: The point is that the rest of them are being ripped off. It is almost a blatant cartel.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: Yes. What is happening is staggering. Motoring insurance affects people going to work and their families and on the commercial side, taxis included, people will be affected in their pockets. The balance is simply not right. I am not being critical of the work the Minister and his officials are doing but someone has to tip the balance in favour of businesses that are finding it difficult,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: What kind of co-operation is there between the working group and Insurance Ireland? Is Insurance Ireland forthcoming with all the information the Minister requires or does it drag its heels?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: Does that not point to where the problem is?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: In the committee's report we talk about the period between 2007 and 2012 when insurance companies generally broke even, according to the figures that are available, with profits in some years and losses in others. Between 2012 and 2014, however, insurance companies incurred significant losses, which bears out the Minister's thinking. Taken as a whole, however, insurance companies amassed...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: One has to start somewhere. It has not been 20 years since 2012.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: I feel I am representing those looking for insurance, the standard citizen, the people we represent and companies. I am of the opinion that it is a cartel-like operation. According to the Central Bank, the insurance industry has made significant profits and is desperately reluctant to come forward and co-operate with the Minister and the Government to try to achieve a more balanced...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: I suggest that the Minister's officials look again at our report and review their position as of 2016 on each of the recommendations. They might have a different view now of what recommendations might and might not work. At the next meeting of this committee, I will recommend that we write again to all stakeholders who made submissions, such as Age Action, and everybody else affected, just...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group Update: Discussion (15 Nov 2018)
John McGuinness: Members could take initiatives with the Whips on that dilemma because everyone wants this sorted. I thank the Minister of State and his officials for coming in.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: Apologies have been received from Senator Conway-Walsh who has nominated Senator Gavan to substitute for her. I welcome the president of the European Central Bank, Mr. Mario Draghi. The exchange of views with him represents the joint committee's first engagement with the European Central Bank, ECB, and it is hoped will lead to greater interaction and contribute to a greater understanding...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: You are doing fine. I call Deputy Michael McGrath.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: Sorry, Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: Can the Deputy come to the question?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: The Senators are leaving for a vote in one of the Houses but they will return. I put it to Mr. Draghi that we must learn from history and our mistakes. At one session here we had an employee from an Italian bank, Mr. Jonathan Sugarman, and I know Mr. Draghi is familiar with him. The case was put in the European Parliament by Mr. Luke "Ming" Flanagan and perhaps others. It was never seen...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: I accept what Mr. Draghi says about Mr. Sugarman and the complaint that he made. It may be closed but arising from that complaint and what happened, nobody went to jail and nobody is being pursued. We are constantly told that the regulations are being strengthened but the citizens that we represent, Jonathan Sugarman, and I do not see it that way. While we measure things here with regard...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: We agreed to conclude at 4.45 p.m. and have reached that time. I thank President Draghi for attending. Can he take a question from Senator Gavan, who went out for a vote?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: Not if it did all of what we asked it to.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)
John McGuinness: I thank President Draghi. The select committee will resume at 5.30 p.m.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)
John McGuinness: Amendments Nos. 150 and 151 are in the name of Deputy Pearse Doherty. Deputy Jonathan O'Brien will move them.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)
John McGuinness: Is the Deputy pressing the amendment?