Results 15,061-15,080 of 26,228 for speaker:Kieran O'Donnell

Seanad: Order of Business (28 Sep 2016)

Kieran O'Donnell: The Cathaoirleach is in good form.

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: Could the officials photocopy three or four copies of the speech?

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: I wish to make a point of order, which I do not do very often. Henceforth, could the Seanad Office contact Ministers appearing before us to ensure that we have copies of their scripts? What is occurring now is unfair to the Minister of State and Members. I would prefer to read a document in real time. I do not particularly want to play catch-up with a document. I wish to assimilate the...

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: The Senator will have to cancel his appearance on "The X Factor".

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: I welcome the Minister of State. I am glad to support this Bill. Having looked through it in the limited time we have had, I now want to pose a series of questions. My understanding from this Bill is that by 2024 the resolution fund will be in place. In the interim period, each state is required in essence to provide contingency funding to fund it in the event of a call on a particular...

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: I presume there will be a discussion between the Leader’s office and the Minister of State about the date.

Seanad: Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Second Stage (28 Sep 2016)

Kieran O'Donnell: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: I welcome the witnesses. I will follow up Deputy Sherlock's points. What type of business is underwritten by Mr. Carty's company, ARB Underwriting Limited? Does it underwrite motor insurance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: In which market does it underwrite? Is it the Irish market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: Purely the Irish market.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: We represent people across the spectrum, including young drivers. The witness has access to the databases. Why have premiums gone up by 60% in some cases in the past three years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: I shall put a question to Ms Dowling. The data she is showing us appear to indicate the average level of claims with the Injuries Board and in the courts has not gone up in recent years. The level of value of claims certainly did not go up to that level. This is really the nub of the matter. We are here today because motor insurance premiums have skyrocketed for people in the past three years.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: How did that compare with the return, percentage-wise, in 2012?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: I know there is limited time. Would it be fair to say, in Ms Dowling's expert opinion, that the motor insurance industry in Ireland has continued to make profits from 2013 to date when we take out the outliers like Royal and Sun Alliance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: For a layman, did they continue to make profits on the motor insurance business?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: This is the nub of the matter. We had representatives from road hauliers, the taxi federation and others before us. The witnesses may have seen the presentation. I asked them the direct question of whether they believed a cartel was operating in the motor insurance industry in recent years in Ireland. They all stated categorically yes. The competition authority, about two hours later,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: It is extraordinary that the level of increases appear to be disproportionate to the level of incremental changes in claims in motor insurance between 2014 and now, relative to previous years. Ms Dowling mentioned three databases.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: Who are they?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: Who owns them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)

Kieran O'Donnell: Does Mr. Carty pay a fee to access them?