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  • Article

    SEAR Compliance: What Happens Next?

    There are now just three months to go until the Senior Executive Accountability Regime (SEAR) under the Central Bank of Ireland's Individual Accountability Framework (IAF) will apply to non-executive directors.
    IrelandInsurance
    Arthur Cox
    Arthur Cox
  • Article

    Proposed Updates To Solvency II Delegated Regulation Published

    The European Commission has just published a draft delegated regulation to amend the Solvency II Delegated Regulation and create a revised prudential framework...
    European UnionInsurance
    Arthur Cox
    Arthur Cox
  • Article

Final Countdown To Solvency II – The Own Risk Solvency Assessment

As the implementation date of 1 January 2016 for Solvency II draws closer, reinsurance and insurance undertakings in Ireland are well under way with their Solvency II implementation programmes.
IrelandInsurance
Dillon Eustace
Dillon Eustace
  • Article

    Insurers And Reinsurers Need To Ready Themselves For Implementation Of EIOPA Guidelines On Information And Communication Technology Security And Governance

    The European Insurance and Occupational Pensions Authority (‘EIOPA') has published its finalised "Guidelines on Information and Communication Technology Security and Governance" (12 Oct 2020).
    IrelandInsurance
    RDJ LLP
    RDJ LLP
  • Article

    Solvency II – New Outsourcing Rules For (Re)Insurance Undertakings In Ireland

    Solvency II introduces a number of detailed and prescriptive conditions in relation to outsourcing requirements for (re)insurance undertakings and it is incumbent on undertakings...
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Embracing Solvency II - The Own Risk And Solvency Assessment

    One of the key elements of the new Solvency II regime is the Own Risk and Solvency Assessment ("ORSA").
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Integrating AI Systems: EIOPA's Roadmap For (Re)insurance

    Addressed to national competent authorities such as the Central Bank of Ireland, the Opinion's stated objective is to provide guidance on existing insurance sectoral legislation as both...
    IrelandInsolvency/Bankruptcy/Re-Structuring
    William Fry LLP
    William Fry LLP
  • Article

    EIOPA's Opinion On Supervision Of Remuneration Principles In Insurance And Reinsurance Sector

    On 7 April 2020, the European Insurance and Occupational Pensions Authority ("EIOPA's") released its finalised Opinion on the Supervision of Remuneration Principles in the Insurance and Reinsurance Sector.
    European UnionInsurance
    Matheson
    Matheson
  • Article

    Irish Special Purpose Reinsurance Vehicles

    The Irish reinsurance industry represents a significant proportion of the reinsurance business written worldwide.
    IrelandInsurance
    Matheson
    Matheson
  • Article

    Publication Of The Central Bank's Final Guidance For Irish (Re)Insurers On Climate Change Risk

    Following on from its public consultation paper in 2022, the Central Bank of Ireland (CBI) has now published its finalised guidance on climate change risk for Irish (re)insurers (Guidance).
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Mobility Regulations – Increased Cross-Border Restructuring Flexibility For (Re)Insurers

    The Mobility Regulations transpose Directive (EU) 2019/2121 on cross-border conversions, mergers and divisions (Mobility Directive) into Irish law.
    European UnionInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Insurance Quarterly Legal and Regulatory Update - Q3 2014

    On 1 April 2014, the European Insurance and Occupational Pensions Authority published six consultation papers.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Directors' Compliance Statement Under The Companies Act 2014 – Impact On Insurance/Reinsurance Undertakings For Years Ending On/After 31 May 2016

    The concept of a directors' compliance statement first appeared in section 45 of the Companies (Auditing and Accounting) Act 2003...
    IrelandCorporate/Commercial Law
    Dillon Eustace
    Dillon Eustace
  • Article

    Solvency II Update 13 Mar 2014

    The Central Bank has published Issue 12 of Solvency II Matters, summarising key Solvency II developments and events over recent months.
    IrelandInsurance
    Matheson
    Matheson
  • Article

    Part 1: CPC Review – Potential Changes And Challenges Facing Insurance Firms

    On 7 March 2024, the Central Bank of Ireland (Central Bank) published its consultation paper (CP 158) on the revised draft Consumer Protection Code (Revised Code) and connected areas.
    IrelandConsumer Protection
    William Fry LLP
    William Fry LLP
  • Article

    Solvency II – The Central Bank Of Ireland's Role Under The Supervisory Review Process

    Under the new Solvency II rules in Ireland, the Central Bank of Ireland (the "Central Bank") will be subject to new legal requirements.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Central Bank Of Ireland Issues Consultation Paper On Individual Accountability Framework (CP153)

    Following the signing into law of the Central Bank (Individual Accountability Framework) Act 2023 (Act) on 9 March 2023, the Central Bank of Ireland (Central Bank) has published...
    IrelandCorporate/Commercial Law
    Dillon Eustace
    Dillon Eustace
  • Article

    A New Regime For Reinsurance Regulation In Ireland

    The Irish reinsurance industry, though perhaps not particularly well known to the general public, is large and represents a significant amount of the reinsurance business written worldwide.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Central Bank Consults On Revised Domestic Actuarial Regime For Irish (Re)Insurers

    The Central Bank of Ireland has launched Consultation Paper 171, proposing significant refinements to its domestic actuarial regime and guidance for insurance and reinsurance undertakings. These changes affect the Head of Actuarial Function role, reserving policies, peer review requirements, and various life and non-life specific elements, with the consultation open for submissions until October 2026.
    IrelandInsurance
    William Fry LLP
    William Fry LLP
  • Article

    Insurance Quarterly Legal And Regulatory Update, April - June 2021

    On 19 April 2021, the European Insurance and Occupational Pensions Authority (EIOPA) published its opinion on the supervision of the use of climate change risk scenarios in the Own Risk and Solvency Assessment (ORSA).
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Showing 81–100 of 141 results

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