Results 12,701-12,720 of 26,042 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: By how much have the claims increased?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: What does that mean?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: At present.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: What would that have been in previous years?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: That means to cover overheads and margin the company is working off a 22% base.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Only 22 cent of every euro of every premium is available to cover overheads and to make a margin.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Why does it take so long? Why does it take three or four years to deal with a case?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Mr. Cahalan does not believe the PIAB is working.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: What percentage of the cases taken against FBD on behalf of policyholders is settled by the board?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: What percentage of the remaining 94% of cases is settled outside court and in court?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Consider the delays of three or four years. If someone makes a whiplash claim, both sides can request consultants or others to carry out an examination and produce a medical report. Why does it take so long? Does such a case go in and out of court? Are there adjournments? What is the process that makes it take so long?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Finally, Mr. Cahalan said 78 cent in every euro FBD takes in goes towards claims. Regarding the breakdown between the claim and the legal fees, he is saying legal fees are now on average 50% of the value of the claim. Am I correct? Therefore, if a claim-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: On average.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Is Mr. Cahalan telling me, then, that the breakdown of the 78% is about 60:40. I am bringing it down-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: Then, Mr. Cahalan is saying-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)
Kieran O'Donnell: On average, how long does it take to settle a claim, even if it does not go into court? Is it three years?
- Seanad: Rural Development: Statements (23 May 2018)
Kieran O'Donnell: I welcome the Minister, Deputy Ring, to the Seanad. I commend him on the work he has done to date in rural development. I know it is something close to his heart. He was in Limerick recently and he visited a range of projects such as one that had been funded by the Department in Murroe, County Limerick. He saw what it means to rural Ireland. He is welcome in Limerick any time. I wish to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)
Kieran O'Donnell: And how.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)
Kieran O'Donnell: I wish to I flesh out a few points. We hear a lot about funds and the vulture aspect of the title in the fund. Is it a bit of a misnomer because, based on what I hear from people involved in the business with whom I am in contact, most of these funds are effectively nearly 100% geared? They are effectively borrowing money from funds themselves worldwide. They then buy the loans from the...