Results 11,341-11,360 of 26,771 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: In 2011-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Perhaps Dr. Roux can tell us what the loss was in each of the years for which he has figures. Can he make his chart available to us?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Could Dr. Roux repeat that figure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: The Deputy has gone over time. If anyone has a mobile phone on a desk, it is interfering with the sound and transmission quality.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Time is up. We must-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: I seek clarification about information that Dr. Roux has given us here. He has watched a gross underwriting loss from 2009 to 2012, with the exception of 2011, jump from €189 million to €213 million and, in 2015, to €333 million. I shall question Dr. Roux on the matter later as members wish to finish asking questions. The Central Bank operates below its full...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Who makes that decision?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Dr. Roux has said that the Central Bank mentioned a model that operates outside of FEMPI.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Does the Central Bank operate a different model?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Does the Central Bank operate within FEMPI?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: From what Dr. Roux said it sounded like there was a different model.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: How long has the Central Bank not had a full complement of staff?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: What is the difference in percentage terms in the pay scales paid in the private sector and the Central Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: I would like to hear a rough estimate.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: As much as 50%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: I want to refer to a comment made by Senator Conway-Walsh on the information, the hard data, given to the Central Bank. We have been told by different groups of witnesses that the type of information that is needed to inform a company that may wish to come into the market is simply not available. On the other hand, we have been told by Insurance Ireland that the Central Bank has all the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: I want Mr. Roux to stand in his own shoes now. Which of these statements is correct? Does the Central Bank have sufficient information, hard data from Insurance Ireland, or is Insurance Ireland withholding information? Does he believe that Insurance Ireland has more information that it could give the Central Bank that would inform different stakeholders in the industry? That is what is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: That statement did not come to the committee from Zenith. It may have come from Zenith at some stage, but I am referring to the statements that were made to the committee by witnesses such as Irish Road Haulage Association or other groups that came before us, who seemed to think that the Central Bank is not being given the full scope of information that is available to Insurance Ireland....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (6 Oct 2016)
John McGuinness: Does the Central Bank have all the figures in respect of the claims histories of insurance companies, including claims-----