Results 11,721-11,740 of 26,032 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: I wish to ask a question that did not come up earlier. Does FBD Insurance underwrite itself or does it have underwriters?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: Will Brexit have any impact on the business model?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: What is the breakdown of FBD Insurance's customer base between farming, small businesses and individuals?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: As such, 85% of the business is tied into the SME sector. It is very simple then. Everything appears to revolve around the book of quantum and its revision. Once the legislation has passed this committee must engage actively in determining the terms of reference of the revision of the book of quantum. We can pursue a review all we want but the terms of reference will be absolutely key....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: We will say it is the premier Irish insurer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: If FBD Insurance is willing to make a commitment that if the book of quantum brings about a reduction in awards there will be a directly correlated and proportional reduction in premiums, then we have something structured to work on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: That is a matter for the terms of reference of the review.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: Say someone is involved in a car crash. How long will the case take?
- Seanad: Public Authorities and Utility Undertakings (Contract Preparation and Award Criteria) Bill 2019: Second Stage (3 Apr 2019)
Kieran O'Donnell: I welcome the thrust of the Bill albeit there are aspects of it around which I have concerns. The Bill is about getting the most economically advantageous tender and how that process should work. A fundamental point, to which Senator Higgins referred, is that one cannot have the final decision-maker involved in any way in the process. Section 2(4)(b) of the Bill provides that "In applying...
- Seanad: Public Authorities and Utility Undertakings (Contract Preparation and Award Criteria) Bill 2019: Second Stage (3 Apr 2019)
Kieran O'Donnell: That is not what I was saying.
- Seanad: Public Authorities and Utility Undertakings (Contract Preparation and Award Criteria) Bill 2019: Second Stage (3 Apr 2019)
Kieran O'Donnell: Exactly.
- Seanad: Public Authorities and Utility Undertakings (Contract Preparation and Award Criteria) Bill 2019: Second Stage (3 Apr 2019)
Kieran O'Donnell: Senator Norris interpreted it in that way.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: The Central Bank and the Department of Finance are independently opposed to the Bill. I want to be devil's advocate and flesh out how the Bill would not be of benefit to borrowers in difficulty with the banks. Would it not give them more rights in terms of their loans? This is the premise and I want to test it. The point has been made that the Bill would bring about an increase in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: That is a bold statement. Many mortgage holders would not agree with Mr. Sibley on this.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: We could have a situation in which a borrower could be in compliance and up to date with his or her home mortgage but in arrears in other aspects of their loans. All of their loans could go as a group to a fund. There are aspects of how the banks operate with which I am not happy but the average mortgage holder has assurance that the banks are in the business of lending long term. The banks...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: That is slightly different.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: In the time I have, I want to be quite narrow.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: I am zoning down on one specific question. Let us say someone was with AIB yesterday and his or her loan is sold on to a fund. We are told that many of the funds have borrowed short term. In essence, they are highly geared and they are loan vehicles which borrow from pension funds themselves. The funds might have borrowed that money for a five-year period but they are taking on loans from...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: If this legislation was enacted, what would be the major consequences for the Central Bank in terms of the mortgage market, the way customers are treated and the cost to customers? What does Mr. Sibley believe would be the major impact?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Kieran O'Donnell: What about the impact on consumers?