Results 15,141-15,160 of 26,228 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What I am interested in hearing is how the premiums quoted to customers by AA Ireland compare with those of other providers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: In regard to the three underwriters with which AA Ireland negotiates, what are the key components for them of the excessive cost of insurance premiums?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: That is the reason I ask it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Are they operating in the UK market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Are they UK-based?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: The book of quantum is a set of rules by which the PIAB assesses compensation awards.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Am I correct that it does not have a legal standing with the courts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Does Mr. Faughnan believe the book of quantum is fit for purpose?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Who bears responsibility in that regard?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: If the book of quantum was updated-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: I refer to the database that could be provided. Am I correct in stating that at present there is no integration between An Garda Síochána, the insurance companies and the courts? Is there no compiling of data carried out individually between companies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Who is saying that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Who is ultimately responsible for compiling that data?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Like joining a golf club.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Who compiled and who manages the database in the North?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Is it on a statutory footing in Northern Ireland and the United Kingdom?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: Mr. Faughnan spoke about Setanta. From what I understand, Setanta's management and control of operations, in essence, were based in Ireland. Am I correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: However, the company was regulated in Malta.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: But the issue here was a prudential issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Kieran O'Donnell: What would give comfort to the insurance industry? If I am correct, what appears to have happened is there was huge competition, in which companies probably were outbidding one another to a level that may not have been sustainable. People now are pulling back, Setanta has folded and many entities are pulling out of the market. Premiums literally have gone through the roof and they are...