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Ireland
William Fry
On 26 March 2024, the Central Bank of Ireland (CBI) published its first quarterly Insurance Newsletter for 2024 covering several topics of note for Irish (re)insurers (Newsletter).
Matheson
On 27 March 2024, the Capacity Building Working Group ("Group") of the Climate Risk and Sustainable Finance Forum ("Climate Forum") published its report ("Report").
Matheson
The Central Bank of Ireland (the "Central Bank") is responsible for the authorisation of and has primary responsibility for the prudential supervision and regulation of insurance...
Dillon Eustace
In Chubb European Group SE & Ors v. Perrigo Company PLC & Ors [2024] IEHC 9, the Commercial Court considered the interpretation of an aggregation clause in a contract...
Arthur Cox
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...
Matheson
On 28 February 2024, the Central Bank of Ireland ("Central Bank") finedOpens in new window an investment firm ("Firm") €1,225,000 pursuant to the Market Abuse Regulations...
Arthur Cox
The Central Bank of Ireland's Regulatory Supervisory Outlook Report 2024 and accompanying Letter to the Minister for Finance were published on 29 February 2024.
RDJ LLP
As RDJ head of Insurance Fraud and in collaboration with Insurer clients I have had oversight over many successes before the courts in fighting fraudulent claims, many of which go unreported.
Arthur Cox
EFRAG published for public consultation exposure drafts of the European Sustainability Reporting Standards (ESRS) for listed SMEs, small and non-complex credit institutions...
William Fry
On 13 December 2023, the Central Bank of Ireland (the CBI) published its quarterly Insurance Newsletter for Q4 2023 covering a range of topics of note for Irish (re)insurers (the Newsletter).
Matheson
On 15 January 2024, the European Insurance and Occupational Pensions Authority ("EIOPA") published its second report on the application of the Insurance Distribution Directive ("IDD") ("Report").
Matheson
On 13 December 2023, the Central Bank of Ireland ("Central Bank") published the Insurance Quarterly ("Newsletter"). The Newsletter is an important communication tool used by the Central Bank...
William Fry
On 24 November 2023, the Central Bank of Ireland (CBI) published a notice of intention confirming that it intends to recognise sustainability knowledge...
William Fry
As a result of the new framework, persons in key functions within regulated firms will face greater personal exposure. In this article, we examine how corporate indemnities and D&O...
Arthur Cox
Provisional agreement between the EU Council and European Parliament on the ‘Daisy Chains' proposal was announced yesterday (6 December 2023), following trilogue negotiations.
Dillon Eustace
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...
European Union
Matheson
On 8 March 2024, the Deputy Governor of the Central Bank of Ireland ("Central Bank"), Vasileios Madouros, respondedOpens in new window to a request for a submission...
Dillon Eustace
The 6th Motor Insurance Directive, Directive (EU) 2021/2118 (‘2021 Directive'), was published in the Official Journal of the EU on 02 December 2021...
Matheson
On 13 December 2023, the Central Bank of Ireland ("Central Bank") published its Feedback StatementOpens in new window and finalised consolidated Guidelines...
Arthur Cox
The Council of the European Union and the European Parliament have announced provisional agreement on amendments to Solvency II and the Insurance Recovery and Resolution Directive (IRRD).
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