Insurance Updates: Central Bank of Ireland (CBI)

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The Central Bank of Ireland has published its September Insurance Newsletter and some of the topics included are: 

  • Use of Telematics in the Private Motor Insurance Sector
  • Recovery Planning Requirements
  • Consultation on the Development of a National Resolution Framework for (Re)Insurers
  • Amendments to the Motor Insurance Directive
  • Requirements under the Whistleblowing Directive
  • EIOPA’s Natural Catastrophe Dashboard
  • EIOPA Methodological Paper on incorporating climate risk in the SII standard formula
  • EIOPA Report on non-life underwriting and pricing in light of climate change

Open Consultations

  • CP143 - Consultation on Proposals to Address Differential Pricing: Deadline 20/10/2021
  • CP144 - Guidance on the Use of Service Companies for Staffing Purposes in the Insurance Sector: Deadline 06/11/2021