Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 20 SEPTEMBER 2022

CBI Insurance Newsletter For September 2022

Arthur Cox
Explore more from Arthur Cox

The Central Bank of Ireland (CBI) has published its Insurance Newsletter for September 2022. A few key highlights below.

IrelandEnvironment
Stephen D'Ardis
Stephen D'Ardis
Author LinkedIn connections

The Central Bank of Ireland (CBI) has published its Insurance Newsletter for September 2022. A few key highlights below.

Sustainable insurance - the CBI makes a number of observations for (re)insurers following its thematic review of a sample of ORSAs in relation to climate change risk. Three main observations for (re)insurers:

  1. Take a holistic approach to climate change risk to better understand risks to the business, secondary impacts, materiality and areas of further focus;
  2. Consider impacts of climate change to the business model beyond the short term; and
  3. Link climate change risk assessments to strategy, in order to manage or mitigate risks rather than simply monitoring them.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Greenwashing Enforcement Has Arrived: What The EU's New Fast Fashion Rules Signal For All Consumer-Facing Businesses

The EU's Ecodesign for Sustainable Products Regulation has banned the destruction of unsold apparel and footwear from July 2026, forcing retailers to pivot from recycling and disposal to donation, resale and reuse strategies. With mandatory public reporting on unsold stock disposal and stricter policing of environmental marketing claims now in force, consumer-facing businesses across Ireland and the EU face a fundamental shift in how they manage inventory, report waste, and communicate sustainability creden
IrelandEnvironment
RDJ LLP
RDJ LLP
Article

Data Centres: New Regulation On Rating Scheme And Consultation On Minimum Performance Standards

The European Commission has published its final Delegated Regulation establishing a common rating scheme for data centres, introducing electronic sustainability labels for facilities with at least 500 kW of IT power demand. The regulation incorporates significant changes from the draft version, particularly around nuclear energy consumption indicators, and will require data centre operators to understand complex conditionality requirements for energy procurement arrangements.
IrelandEnvironment
Arthur Cox
Arthur Cox