Results 11,361-11,380 of 26,021 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: The company reported one in five of that 20% to An Garda Síochána.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: I direct the same question to Mr. O'Rourke and Mr. Brennan.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: What percentage of claims does Mr. O'Rourke believe are fraudulent?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: What percentage of the claims does the company believe were fraudulent?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: That is the number for the claims the company paid out-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: Mr. Brennan is estimating that fraudulent claims amount to roughly 6% or 7%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: I have been looking at previous profit figures. Is AIG Insurance part of the AIG Europe group?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: Mr. O'Rourke said there were €30 million in losses on €280 million of premiums. Is there a group management charge from AIG Europe that is distorting the figures?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: So the figure for losses of €30 million is not distorted.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: AIG is a bit of an outlier in the insurance industry in Ireland in that it made a loss of €30 million in 2018, while all the other insurance companies appear to have made substantial profits. Is this because it is a member of AIG Europe?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: My next questions are for Aviva and Zurich. In 2018 the normal target margin was 5% but Aviva made 11.4% and Zurich 8.98%. Aviva made superprofits of €33 million and Zurich €12 million, which are 6% and 4%, respectively. Axa was before us, as were FPD and Allianz. In total, the five companies other than AIG made superprofits of over €122 million in 2018. We have...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: Mr. Quinlan is putting all the onus back on fraudulent claims and legal fees. How long does it typically take for an insurance claim to be settled?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: Is it less than six years?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)
Kieran O'Donnell: The general public are being told by insurance companies that it is a tough environment but according to the 2018 profits, five or six companies were making a very health profit. The average person will ask why their premiums are so high. It is a legitimate question and I ask the insurance company to look at premiums for hard-pressed customers, though I accept they have to make a profit....
- Joint Oireachtas Committee on Health: Quarterly Meeting on Health Issues: Discussion (2 Oct 2019)
Kieran O'Donnell: Is that an Irish rather than a standard 12 minutes?
- Joint Oireachtas Committee on Health: Quarterly Meeting on Health Issues: Discussion (2 Oct 2019)
Kieran O'Donnell: Like my predecessor, I will have to give some kind of preamble. My question is specific to University Hospital Limerick. I have looked back at the overcrowding data on individual days for the past month and there has been an average of 67 people on trolleys. In September last year the average was 44. This is no longer a political issue, it is a human rights issue. I am seeking...
- Joint Oireachtas Committee on Health: Quarterly Meeting on Health Issues: Discussion (2 Oct 2019)
Kieran O'Donnell: When will we get this plan?
- Joint Oireachtas Committee on Health: Quarterly Meeting on Health Issues: Discussion (2 Oct 2019)
Kieran O'Donnell: I understand a meeting with the HSE and the Department on, specifically, the mid-west and the community hospitals has been arranged for tomorrow.
- Joint Oireachtas Committee on Health: Quarterly Meeting on Health Issues: Discussion (2 Oct 2019)
Kieran O'Donnell: The Minister might update us on the outcome of that meeting.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Fáilte Ireland, Shannon Group and Port of Waterford Company: Chairpersons Designate (2 Oct 2019)
Kieran O'Donnell: I will just come in for a quick minute.