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  • Article

    Consultation Paper 140: Cross Industry Guidance On Operational Resilience

    On 9 April 2021, the Central Bank of Ireland (Central Bank) published its most recent consultation paper, titled, "Cross Industry Guidance on Operation Resilience (CP – 140)"
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Corporate Governance Code - Guidelines For Compliance Statement

    The Central Bank has published guidelines to assist insurance undertakings and their directors in the preparation of the annual compliance statement required under the Corporate Governance Code for Credit Institutions and Insurance Undertakings (the "Code").
    IrelandInsurance
    Matheson
    Matheson
Article

Cost-Effective And Fit For Purpose

Increased levels of regulation and compliance are the new realities facing financial institutions in the post financial crisis world.
IrelandInsurance
Matheson
Matheson
  • Article

    D&O Insurance: Impact Of Individual Accountability Framework

    The Central Bank (Individual Accountability Framework) Act 2023 (‘the Act') has been introduced with the aim of providing for enhanced individual accountability and to promote positive...
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    EIOPA Consults On Supervisory Expectations Of Reinsurance From Third-country Reinsurers

    The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on its draft supervisory statement on supervision of reinsurance arrangements...
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    EIOPA Publishes Peer Review On Product Oversight And Governance

    The European Insurance and Occupational Pensions Authority ("EIOPA") published a peer review on Product Oversight...
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    European Insurance Stress Test

    On 4 July 2011, EIOPA announced the results of the second Europe-wide stress test for the insurance sector which took place between March and May 2011.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    European Parliament Votes To Reject Commission's Proposed Regulatory Technical Standards

    On 14 September 2016, the European Parliament voted to reject the PRIIPs Regulatory Technical Standards (the "RTS") which were endorsed by the Commission on 30 June 2016.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    High Court Clarifies Position Of Insurance Policies And Claims On Liquidation Of Irish Insurer

    The High Court recently delivered a judgment which will be of interest to insurance and insolvency practitioners alike, in the matter of CBL Insurance Europe DAC ("CBL").
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    Implications For Ireland Of EIOPA's Peer Review On POG

    Since the publication of our insight " Central Bank of Ireland - Thematic Inspection of Product Oversight & Governance" on 30 June 2023, the European Insurance and Occupational...
    IrelandInsurance
    Matheson
    Matheson
  • Article

    Insurance Quarterly Legal And Regulatory Update, July - September 2020

    Insurance Quarterly Legal and Regulatory Update for the period July to September 2020.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Insurance Regulatory Update, June & July 2018

    On 29 June, the Department of Finance published the European Union (Insurance Distribution) Regulations 2018
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    Irish Insurance Levy Reduced To 0%

    The Central Bank of Ireland has announced a significant reduction in the Insurance Compensation Fund Levy from 1% to 0%, effective January 1, 2027, marking the lowest rate since the levy's reintroduction in 2012. This development follows the full repayment of the Exchequer loan advanced after Quinn Insurance's administration in 2011 and reflects the improved financial position of the Insurance Compensation Fund. Insurers must now review their policy documentation and processes to ensure compliance with the
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Key Changes Arising From Agreed Amendments To Solvency II

    Following on from the announcement that the European Council and Parliament had agreed on the amendments to Solvency II in December 2023 (see my previous post for details), the agreed amendments...
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    Know Your Insurance Policy – Beware Of Conditions Precedent

    A recent decision of the High Court confirms that an insurer can decline cover where an insured fails to comply with specific conditions set out in their insurance policy...
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    Outsourcing Homework For Central Bank Of Ireland As EIOPA Publishes Its Peer Review Report

    Over the summer, EIOPA published its peer review report on outsourcing (the Report). It looked at the performance of national supervisory authorities (NSAs) across Europe in supervising outsourcing...
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Outsourcing Under The Solvency II Regime

    The Solvency II Directive (Directive 2009/138/EC) was transposed into domestic Irish law by the European Union (Insurance and Reinsurance) Regulations 2015...
    IrelandInsurance
    Matheson
    Matheson
  • Article

    Supervising For The Future: CBI Addresses European Insurance Forum

    On 30 September 2025, Seána Cunningham, Director of Insurance at the Central Bank of Ireland (CBI), addressed the European Insurance Forum.
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Walking Away From Loyalty Penalties – The End For Differential Pricing?

    In its review of differential pricing (Review), the Central Bank of Ireland (CBI) has proposed that the practice of "price walking", whereby customers are in effect penalised for not walking away from their insurer after a year of coverage, is abolished.
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Court Of Appeal Upholds High Court Decision Regarding Real Rate Of Return

    On November 5 2015 the Court of Appeal delivered its much-anticipated judgment in Russell v Health Service Executive, which considered the 'real rate of return' discount...
    IrelandLitigation, Mediation & Arbitration
    Matheson
    Matheson
  • Showing 281–300 of 970 results

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