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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.

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 welcome all the witnesses. I would like to put a specific question to Ms Hynes. The script she furnished to the joint committee refers to the impact that a hard Brexit would have and to European hub connectivity for Shannon Airport. I ask her to elaborate on those matters. Along with members of the Shannon Group's management team, I met the Minister, Deputy Ross, on 6 February last. I...

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: Does Ms Hynes believe there is scope under the 2014 guidelines, as communicated from the Commission, which refer to airports with fewer than 3 million passengers?

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: Does she agree that the document in question could apply to Shannon Airport?

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: If such approval is forthcoming, does Ms Hynes believe that Shannon Airport will get an airline to fly-----

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: Okay.

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: Obviously-----

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: Why have airlines been reluctant to take up this route? Why am I asking for Government support? I believe state support can be provided on the basis that the airport has less than 3 million passengers. That section of the document is clear. In the context of Brexit, we are seeking to increase the mobility of EU citizens and the connectivity of the regions by opening new routes. Mr....

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: There is huge support.

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: There is a demand from the multinational sector.

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