William Fry News Articles & Insights Events

DAC 6 and its impact for (re)insurance undertakings and (re)insurance intermediaries

The European Union has introduced mandatory disclosure requirements for certain types of ‘disclosable transactions’ undertaken by tax payers.


Employee fails in Challenge to Constitutionality of the Workplace Relations Act 2015

In a significant decision, the High Court has dismissed an employee's claim that the Workplace Relations Act 2015 is unconstitutional.


EIOPA Raises Prospect of European Pandemic Insurance Scheme

In a recent interview, EIOPA chair declares that EU has key role in pandemic insurance to protect businesses in future outbreaks.


European Court finds Unfairly Dismissed Employees that are reinstated are Entitled to Accrued Annual Leave

The European Court of Justice (ECJ) provides clarity on whether workers are entitled to accrued paid annual leave for the period between the date of their unfair dismissal and the date of reinstatement to their original employment.


ESRB Letter to EIOPA on Liquidity Risks in the Insurance Sector

ESRB recently published a letter to EIOPA regarding liquidity risks to (re)insurers in light of the COVID-19 pandemic.


GDPR Stock Take (Part 1): Data Protection Commission Publishes Two-year Regulatory Review

The Data Protection Commission (DPC) and the European Commission (EC) have recently published reports reviewing the application and enforcement of European data protection legislation. Both reports analyse the GDPR, exactly two-years on from its introduction on the 25 May 2018. In this Part 1 briefing, we deal with the key points and themes stemming from the DPC's report. Our Part 2 briefing will deal with the EC report.


Digitalisation in the (Re)Insurance Sector Part 2 - Key Opportunities

In Part 2 of our series on Digitalisation in the (Re)Insurance Sector we assess what impact the increased digitalisation of insurance activities will have on the industry including what opportunities industry operators should be aware of going forward.


Digitalisation in the (Re) Insurance Sector – Part 1- Key Challenges

In the first part of this 2-part series on Digitalisation in the (Re)Insurance Industry we assess what impact the increased digitalisation of insurance activities will have on the industry including what challenges industry operators should be aware of going forward. In Part 2 we will consider what opportunities for the sector lie ahead.


European Regulatory Regime for Credit Rating Agencies in respect of Insurance and Reinsurance and the Impact of COVID-19

Credit rating agencies have an important role in supplying commentary regarding the credit ramifications of COVID-19. In this article, we examine how this will impact on the (re)insurance sector.