Results 12,581-12,600 of 26,032 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

Kieran O'Donnell: We welcome that. Is it fair to say that up to now the provisioning system within banks was based on when the loan was realised, as distinct from provisioning as the bank went along? Am I correct in the analysis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

Kieran O'Donnell: They were not legally required to do that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

Kieran O'Donnell: I ask Ms McEvoy that everything should be done within the power of the Central Bank to ensure that no stone is left unturned to get representatives of credit servicing firms before us. There is currently a lacuna among people with loans in those funds. They are entitled to know precisely how they operate. I welcome the fact that the Central Bank is working with the committee. The bank...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: We had various groups in last week. Some of the key points they made were about areas that have already been covered, specifically the national database and the book of quantum. They also wanted to see developments with the Garda fraud unit. Did the Minister of State indicate that comes under the Department of Transport, Tourism and Sport?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: I just had a look at the fifth quarterly update on progress. I refer the Minister of State to page 24 which deals with the establishment of the national claims information database. According to the report, it was agreed in quarter 1 of last year that key aggregate metrics for immediate publication would be specified and the development of a national claims information database would be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: A claim-by-claim register?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: In quarter 2 of this year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: Are we still on target to have that ready by quarter 3?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: Is that being prepared by the Department or by the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: The Department is still on track to publish that by quarter 3. That would be very interesting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: Underpinned.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: It is stated that the national claims information database will be established.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: We are in quarter 2 of 2018. Is that on target?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: Is the empirical work around it substantially completed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: With the claims?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Kieran O'Donnell: What about the Garda special insurance fraud unit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: It is a bit like groundhog day. We have been dealing with insurance for many years. To be honest, I hope this gets coverage as it reminds me of other issues. As a group, the witnesses are bringing to the table something that we did not get with various other presentations. They are at the coalface. We had a similar experience with mortgages, which came about with four excellent...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: What was the increase?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: I am dealing with the premium. I am assuming all the bodies work on a calendar year basis.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: That increase is in over one year.