Results 281-300 of 4,810 for speaker:Liam Twomey
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: I ask that all mobile telephones be switched off. This is important as the broadcasting unit has indicated there still are serious problems with mobile telephones being switched on. The joint committee will have two separate sessions today, both of which concern the provision of insurance in areas at risk of flooding and subsidence. I remind members that the joint committee will deal with...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: Dr. Surminski probably wishes to comment on what sort of retrofitting can be done.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: Insurance Ireland will attend the committee later on. We will certainly put that question to them then.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: We can certainly write a short report and send it to the relevant Minister. I call Senator Barrett.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: Through the secretariat, we can refer those papers to the Governor of the Central Bank on the recommendation of the committee.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: Dr. Surminski, I will ask Deputy Spring to make his contribution, after which you may respond.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: The OPW is making a presentation at 2.15 p.m.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: We will have that discussion at 2.15 p.m. I will allow the witnesses to answer the Deputy's questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: Actually, Dr. Surminski gave a series of recommendations in her submission which we did not get to read out. She looked at clarity on insurance costs and what they can and cannot deliver, and openness about costs. Flood plain maps come into that as well. I might put her eight questions to Insurance Ireland and ask it to answer them. If we got answers to some of Dr. Surminski's...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Flood Risk Insurance Cover: Discussion (15 Apr 2015)
Liam Twomey: This has been a very comprehensive and useful discussion. On behalf of the committee, I thank the witnesses, Mr. Owens from the Cork Business Association and Dr. Surminski from the LSE, both of whom had to travel some distance to meet with us, for participating in this meeting and for the material they supplied to the committee. We will be speaking with representatives from the OPW and...
- Residential Mortgage Interest Rates: Motion (Resumed) [Private Members] (1 Apr 2015)
Liam Twomey: The Deputy must conclude.
- Residential Mortgage Interest Rates: Motion (Resumed) [Private Members] (1 Apr 2015)
Liam Twomey: The Deputy will have to conclude as he is well over time.
- Residential Mortgage Interest Rates: Motion (Resumed) [Private Members] (1 Apr 2015)
Liam Twomey: The Government has moved the economy from crisis to recovery. With political stability, it has contributed greatly to the economic stability that we now see. The last tracker mortgages were issued in Ireland in 2008, and half of all mortgages today are tracker mortgages. A tracker mortgage gives the borrower a really welcome respite. The banks themselves admit, and the figures that Deputy...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (1 Apr 2015)
Liam Twomey: The committee is now in public session. We will have two separate sessions. Session A will be an update on issues pertaining to the liquidation of Setanta Insurance and session B will be to consider the following orders referred to this committee by the Dáil: Freedom of Information Act 2014 (Effective Date for Certain Bodies) Order 2015 and Freedom of Information Act 2014 (Exempted...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: Setanta Insurance Company Limited went into liquidation in April 2014. At the time of entering liquidation, the company had approximately 75,000 policyholders. Currently, just under 1,800 claims are still open. As part of the liquidation process, all policies were cancelled by the end of May 2014. The purpose of the meeting will be to update the committee since its previous engagement on...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: I thank Mr. Hession. I ask Mr. Mercieca to make his opening remarks.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: As this is a very detailed issue, I ask Deputy Michael McGrath to limit his contribution to questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: I have two questions to ask before moving on. Has Mr. Mercieca identified who the shareholders are and what their responsibilities are in the collapse? Who had supervisory responsibility? What supervision of Setanta Insurance was there? Mr. Mercieca might answer before I invite Deputy Regina Doherty to contribute.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: A year later?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)
Liam Twomey: To which courts has Mr. Mercieca applied? The Irish courts?