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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.
Ireland Insurance
WF
William Fry
Article
Consumer Insurance Contracts Act 2019: What Section 18(4) Means For Insurers In Ireland
Ireland's Consumer Insurance Contracts Act 2019 has reached full implementation with the commencement of section 18(4) on 13 May 2026, introducing new protections for innocent co-insureds affected by criminal or intentional acts of other policyholders. This final provision requires insurers to conduct individual factual assessments of each co-insured's knowledge and consent before applying criminal act exclusions, fundamentally changing how claims involving fraudulent co-insureds are handled.
Ireland Insurance
M
Matheson
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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.
Ireland Insurance
WF
William Fry
See more
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.
Ireland Insurance
WF
William Fry
See more