Ireland: Reinsurance

The Irish Government has published its Summer 2026 legislative programme, outlining 38 priority bills for financial services regulation including NAMA dissolution, IMF contributions, and anti-money laundering reforms. Meanwhile, European regulators advance critical frameworks through AMLA's business-wide risk assessment guidelines, EIOPA's proportional reinsurance guidance, and the official publication of the EU's crisis management and deposit insurance legislative package.

On 3 February 2026, European Insurance and Occupational Pensions Authority ("EIOPA") launched a public consultation (the "Consultation") on the supervisory statement on the authorisation and ongoing supervision of (re)insurance undertakings related to private equity ("PE") firms (the "Supervisory Statement").

On 29 October 2025, the European Commission adopted Delegated Regulation (C(2025) 7206) which amends the Solvency II Delegated Regulation.

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.

The Newsletter includes many noteworthy articles for Irish (re)insurers, including the Central Bank's annual Regulatory & Supervisory Outlook Report, the use of asset-intensive reinsurance...

The CBI indicates that it expects this year to be a "year of dialogue" on its new supervisory approach, indicating that whilst some elements of supervision may change, the broad approach will continue to be risk-based and proportionate...

As detailed in our previous post (available here), the European Insurance and Occupations Pensions Authority (EIOPA) has now concluded its public consultation...

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...

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.