Results 11,281-11,300 of 26,512 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: It is, therefore, something for legislators.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: The authority recommended it, however. Has there been any follow-up on the recommendation since 2005? Is the commission asking why it has not been implemented?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Finally, would the witnesses consider that the withholding of that information by Insurance Ireland, thus preventing an entrant access to the market, is anti-competitive?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Why has the commission not taken action since 2005?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Mr. Kenny should ask the insurance companies. They have been here over the past few days telling us that, without data, they have nothing. They do not understand the market because they do not have data on it. Everyone knows Insurance Ireland has that data. Ms Dorothea Dowling, who was here earlier, gave us slides and information that would show this is not news. It is a fact that they...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: That is not the question. The question is whether the Competition and Consumer Protection Commission, CCPC, knew that there was little or no movement in the market and that companies were actually leaving it. As an authority, should the CCPC not have been proactive in alerting the legislators of this House to the difficulty, or should it not at least have brought in Insurance Ireland to ask...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Ms O'Leary knows what I am saying to her. The data is there and it is held by Insurance Ireland. One individual represented the brokers this morning. He had a business whereby someone coming into the market might use the services offered by his company to access the data that Insurance Ireland has - at a price, I am sure. We know Insurance Ireland holds the data, we know it is critical to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Has Mr. Kenny listened to, or watched, the proceedings here?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Mr. Kenny has read them.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Mr. Kenny will be aware of the fact that cartel-type behaviour has been cited, mentioned and discussed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Mr. Kenny will be aware of all of the issues that were put before the committee relative to access to the three databases that are next to nigh impossible to get at by any outside company.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: I am extremely disappointed that the commission's investigation will be limited to the commentary in the newspaper about the 40% increase suggested by the insurance companies because if one is looking at pricing, surely one must look at why they are saying that. They are saying that as a result of the information they have which the commission does not have. However, the commission does not...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: So Mr. Kenny thinks the commission will get that information.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Therefore, to be clear about this, because it is a question that Deputy Sherlock was pursuing as well, the commission will get access to this much-protected set of databases.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Surely the commission's investigation will test those figures. In testing the figures, they must drill down, presumably for the commission, to prove their point and to offer the commission the documentation necessary to prove their case.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Is that what the commission will do? Will it ask them for that? That is what I want to know.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: I return to the question I asked Mr. Kenny about becoming an associate member of Insurance Ireland and being able to access the databases, not knowing whether or not it is the full data one is accessing and then to be able to use that data to inform an outside company as to the market. Is that withholding information which, if given, would be in the public interest because it might create...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: Okay. Senator Rose Conway-Walsh is next.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: I remind the Senator of her time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
John McGuinness: I remind the Senator about the time.