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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Fraud: Discussion (9 Jul 2019)

Rose Conway Walsh: With regard to competing resources, the court is trying to take insurance fraud more seriously. Are additional resources ring-fenced? Is this taking away from community policing and other areas where policing is needed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Fraud: Discussion (9 Jul 2019)

Rose Conway Walsh: Why did the Garda pick Mayo for the pilot project?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Fraud: Discussion (9 Jul 2019)

Rose Conway Walsh: When will the pilot project be completed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Fraud: Discussion (9 Jul 2019)

Rose Conway Walsh: Does Mr. Twomey believe the Garda is very late in the day coming to this in respect of insurance fraud?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Fraud: Discussion (9 Jul 2019)

Rose Conway Walsh: The numbers are very small. I suggest that insurance fraud be put on the agenda of all the joint policing committees. New committees will be starting up following the local authority elections. Putting insurance fraud on the agenda would be good for raising awareness and encouraging people to report it. It would let people know what the Garda are doing about it and what to expect if they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: I thank the witnesses for coming in today and I commend them on that because there are others we would like to come in here but who have not done so. The most useful thing to come out of today's meeting relates to causation and fraud. If one sees somebody commit a crime, whether an assault or otherwise, one will report it to the Garda Síochána. What makes insurance fraud any...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Does Allianz not have deferred tax assets to make up for losses in previous years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Does the company not have deferred assets to make up for losses in previous years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: That is an unusual situation. Perhaps Mr. McGrath can confirm that to the committee afterwards.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: I will now put the same question on deferred assets to FBD.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Does Ms Muldoon have the figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Would Ms Muldoon let the committee have the information?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: We just want to get an honest picture.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: I want to discuss the situation in the marts. How many claims have been made by marts in the past year, both the number of claims and the payouts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: I know that Ms Muldoon has said that. I find it interesting. In terms of the number of claims, why would we not know the number of claims that have been made by marts? It is for the good of FBD, and its reputation, to be able to have confidence in what it said.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: That is right. I am really interested in figures. Given the changes that have been made in respect of CCTV, other health and safety measures in the marts and the other investments made, I want to be able to see that the number of claims has been reduced, and that the number of false claims has been reduced. That is the reason I am asking Ms Muldoon for the figures. I would like to see...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: What about an overall figure for marts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: No, I just want the figures. A lack of data has been a problem since we started investigating this matter. I seek the raw data and we can analyse it ourselves.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Rose Conway Walsh: Yet Ms Muldoon cannot tell me the number of claims from marts.

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