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157 news articles found
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Article and Insights

CBI Publishes Notice of Intention on Recognising Sustainability Knowledge in the MCC

On 24 November 2023, the Central Bank of Ireland (CBI) published a notice of intention confirming...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

EU Distance Marketing of Financial Service Contracts – New Rules Finalised

A new European framework for financial services contracts concluded at a distance has been finali...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

EIOPA’s Draft Opinion on the Supervision of Captive (Re)insurance Undertakings

We analyse EIOPA's recent Draft Opinion on the Supervision of Captive (Re)insurance Undertakings ...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Insurance Industry Newsletter – Central Bank of Ireland Spotlights Three Key Issues

We focus on three key topics from the Central Bank's latest Insurance Quarterly Newsletter: the t...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Central Bank of Ireland Reports on its Regulatory Service Standards and New PCF Approval Processes

The Central Bank of Ireland publishes its latest Regulatory Service Standards Performance Report ...

Eoin Caulfield
Partner
Eoin Caulfield
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Announcement

William Fry Hires New Insurance Consultant

William Fry is pleased to announce the appointment of Niall Campbell as a Consultant in its Insur...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

New Guidance Published for (Re)insurance Undertakings on Intra-Group Transactions

On 30 January 2023, the Central Bank of Ireland published its Guidance for (Re)Insurance Undertak...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Central Bank Highlights Key Prudential Risks Facing Irish Insurers in 2023

The Central Bank of Ireland highlights the key prudential risks that will inform its 2023 supervi...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

EIOPA Supervisory Statement on the Management of Non-affirmative Cyber Exposures

The European Insurance and Occupational Pensions Authority published a supervisory statement on t...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Fitness and Probity Regime – Changes to PCF Roles

On 5 April 2022, the Central Bank of Ireland made further changes to its list of Pre-Approval Con...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Withdrawal of the UK from the European Union (Consequential Provisions) Bill 2020 – Insurance Related Update

The Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020...

John Larkin
Consultant
John Larkin
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Article and Insights

William Fry Data Protection Day Update 2019

On International Data Protection Day our Technology team round-up some of the key data protection...

John O’Connor
Partner
John O’Connor
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Announcement
John Larkin
Consultant
John Larkin
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Announcement
Ivor Banim
Partner
Ivor Banim
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Article and Insights

The Insurability of Business Interruption Risk in light of Pandemics

EIOPA published a staff paper on measures to improve the insurability of business interruption ri...

John Larkin
Consultant
John Larkin
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Article and Insights

The Insurance (Miscellaneous Provisions) Bill 2022 Takes Effect in Ireland

The Insurance (Miscellaneous Provisions) Act 2022 addresses certain issues arising from the Irish...

John Larkin
Consultant
John Larkin
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Article and Insights

The Impact of the Senior Executive Accountability Regime on the Insurance Industry

In this article, we highlight the envisaged impact of the proposed Senior Executive Accountabilit...

John Larkin
Consultant
John Larkin
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Article and Insights

The European Commission Proposes a Digital Operational Resilience Act for the Financial Services Sector

The European Commission has recently published proposals for a new EU regulation for digital oper...

John Larkin
Consultant
John Larkin
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Article and Insights

The Central Bank of Ireland adds to the List of Pre-Approval Controlled Functions

The Central Bank of Ireland published new additions to the list of Pre-Approval Controlled Functi...

John Larkin
Consultant
John Larkin
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Article and Insights

The Central Bank of Ireland Publishes Intermediary Times Newsletter

The Central Bank of Ireland published the latest edition of its Intermediary Times newsletter on ...

John Larkin
Consultant
John Larkin
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Article and Insights

Setting the Bar – FBD Business Interruption Case Demonstrates the Importance of Policy Wordings

The Commercial Court recently found in favour of a number of publicans in a business interruption...

Paul Convery
Partner
Paul Convery
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Article and Insights

Relaxation of the Part VII Market

The sanctioning of the transfer of business from Legal and General Assurance Society Limited to R...

John Larkin
Consultant
John Larkin
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Article and Insights

Record Fines for Insurance Company, Management and Contractors for Breach of UK Data Protection Laws

A firm of loss adjusters, its staff and private investigators have been fined £150,000 by the ICO...

Leo Moore
Partner
Leo Moore
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Article and Insights

Public Consultation on the Development of a National Resolution Framework for (re)Insurers

The Department of Finance, in collaboration with the Central Bank of Ireland, has invited submiss...

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Article and Insights

Proposed Guidance on Climate Change Risks for the (Re)Insurance Sector – CBI Launches Public Consultation

The Central Bank of Ireland launches a public consultation on the proposed introduction of guidan...

John Larkin
Consultant
John Larkin
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Article and Insights

Proposed Additions to the List of Pre-Approval Control Functions

On 25 February 2020, the Central Bank of Ireland (CBI) published a notice of intention to prescri...

John Larkin
Consultant
John Larkin
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Announcement
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Article and Insights

Outsourcing Homework for Central Bank of Ireland as EIOPA publishes its Peer Review Report

We outline the key takeaways from EIOPA's peer review report on the performance of the Central Ba...

John Larkin
Consultant
John Larkin
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Article and Insights

Newly-merged Office of Financial Services and Pensions Ombudsman To Take Effect on 1 January 2018

Complaints against financial service providers will be investigated by the newly established offi...

John Larkin
Consultant
John Larkin
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Article and Insights

New Guidelines Adopted by the Judicial Council in Respect of Personal Injury Awards

New Personal Injury Guidelines which will replace the Book of Quantum have been adopted by the Ju...

John Larkin
Consultant
John Larkin
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New Government Legislation Programme: Industry & Sector Breakdown Summer 2022

The Summer legislation programme has been published by the government. The programme includes 34...

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Article and Insights

New EU Disclosure Rules Mandate Environmental Performance Reporting for Insurers, Banks and Listed Corporates from 1 Jan 2022

Read our FAQ on the new disclosure rules for reporting the environmental performance of activitie...

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Article and Insights

New Brexit Omnibus Bill Proposes a Run-off Period of up to 15 years for UK and Gibraltar Insurers or Insurance Intermediaries

The General Scheme of the Withdrawal of the UK from the European Union (Consequential Provisions)...

John Larkin
Consultant
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Article and Insights

Medical Practitioners Now Required by law to Hold Indemnity Insurance

The Medical Practitioners (Amendment) Act 2017 introduces a mandatory legal requirement for medic...

Fiona Barry
Partner
Fiona Barry
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Article and Insights

Judgment in FBD Business Interruption Insurance Cases Delayed to Consider UK Supreme Court Judgment

Mr Justice McDonald has deferred judgment in the FBD business interruption insurance test cases t...

Paul Convery
Partner
Paul Convery
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Article and Insights

Irish Government Proposals for Insurance Sector in No-Deal Brexit Scenario

Temporary run-off regime for UK based insurers with Irish policyholders proposed in the event of ...

John Larkin
Consultant
John Larkin
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Article and Insights

Irish regulation looks set to catch up with e-scooters

The regulation of e-scooters and similar vehicles in Ireland looks set for an overhaul soon.

John O’Connor
Partner
John O’Connor
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Article and Insights

Ireland awaits the new EU Insurance Recovery and Resolution Directive

The proposed EU Insurance Recovery and Resolution Directive, once implemented will introduce, for...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Insurance Industry Faces Emerging Litigation Threat

The insurance industry is facing increased uncertainty and risk arising from COVID-19. We explore...

Paul Convery
Partner
Paul Convery
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Article and Insights

Insurance Update: Irish Minister for Finance Announces Commencement of Consumer Insurance Contracts Act 2019

On 17 July 2020, the Minister for Finance, Paschal Donohoe T.D., announced that the Consumer Insu...

John Larkin
Consultant
John Larkin
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Article and Insights

Insurance and Pensions Supervision in Europe, Speech by Gabriel Bernardino Chairman of EIOPA

Gabriel Bernardino Chairman of EIOPA reflecting on the past decade of insurance and pensions supe...

John Larkin
Consultant
John Larkin
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Article and Insights
John Larkin
Consultant
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Article and Insights

IN SHORT: Insurance Distribution Directive – Clarifications on Legal Interpretation published by EIOPA

EIOPA publishes a Q & A series regarding the legal interpretation of certain provisions of the In...

John Larkin
Consultant
John Larkin
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Article and Insights

How the Gender Pay Gap Information Act 2021 is Relevant to (Re)Insurers

The Gender Pay Gap Information Act 2021 makes it mandatory for employers to report on the pay dif...

Catherine O’Flynn
Partner
Catherine O’Flynn
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Article and Insights

Government Publishes Scheme for “No-Deal” Brexit Bill

The Irish Government has published the outline of an omnibus Brexit Bill which it proposes for en...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Government Publishes Spring Legislation Programme for Spring 2021

The legislative programme for the forthcoming spring Oireachtas session has been published by the...

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Article and Insights

Grace Period for Cookies Compliance: Websites Must Meet the Data Protection Commission’s Standards of Compliance or Risk Enforcement

Websites and apps have 6 months to comply with the Data Protection Commission's recently publishe...

John O’Connor
Partner
John O’Connor
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Article and Insights

Finalised Guidance on the Use of Service Companies for Staffing in the Insurance Sector

Today, the Central Bank of Ireland published its final Guidance on the Use of Service Companies f...

James Phelan
Partner
James Phelan
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Article and Insights
John Larkin
Consultant
John Larkin
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Article and Insights

EU Issues ‘Gold Standard’ for Environmentally Sustainable Activities

On 21 April 2021, the EU published the first of two planned sets of performance criteria for envi...

Nessa Joyce
Consultant
Nessa Joyce
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Article and Insights

English High Court Blocks Proposed Transfer of Annuity Policies Between Insurance Companies

English High Court objects to the scheme of transfer of £12 billion annuities from Prudential Ass...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

EIOPA’s Single Programming Document 2021-2023

In this article we consider EIOPA's Single Programming Document 2021-2023 which includes EIOPA's ...

John Larkin
Consultant
John Larkin
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Article and Insights

EIOPA defines its Supervisory Convergence Priorities for 2021

EIOPA published its Supervisory Convergence Priorities Plan for 2021. EIOPA identifies three new ...

John Larkin
Consultant
John Larkin
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Article and Insights

EIOPA Launches Consultation on Contract Boundaries

EIOPA has launched a consultation on the revision of the Contract Boundaries Guidelines.

John Larkin
Consultant
John Larkin
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Article and Insights

EIOPA Launches IDD Single Rulebook

EIOPA launches a new online tool, the IDD Single Rulebook.

John Larkin
Consultant
John Larkin
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Article and Insights

EIOPA publishes Discussion Paper on European Insurers’ Exposure to Physical Climate Change Risks

Analysis of EIOPA Discussion Paper assessing European insurers' exposure to physical climate chan...

John Larkin
Consultant
John Larkin
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John Larkin
Consultant
John Larkin
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Article and Insights

EIOPA Publishes Statement and Recommendations in light of the Impact of COVID-19 on EU Insurance Sector

On 17 March 2020, the European Insurance and Occupational Pensions Authority published a statemen...

John Larkin
Consultant
John Larkin
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Article and Insights
John Larkin
Consultant
John Larkin
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Diversity and Inclusion in the Financial Services Sector

On 11 February 2020, Director General of the Central Bank of Ireland (CBI) Derville Rowland addre...

John Larkin
Consultant
John Larkin
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Article and Insights

Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 Signed into Law

On 18 March 2021, the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act...

John Larkin
Consultant
John Larkin
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Article and Insights

COVID-19: Key Issues for Directors

As the business world deals with COVID-19, directors on company boards play a vital role in navig...

Myra Garrett
Partner
Myra Garrett
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Article and Insights

COVID 19 – Practical Considerations for both Landlords and Tenants

There are challenging times ahead for landlords and tenants of commercial property. What are the...

Richard Breen
Partner
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Article and Insights

Consultation Paper 140: Cross Industry Guidance on Operational Resilience

The Central Bank of Ireland seeks stakeholders' views on the proposed Cross Industry Guidance on ...

John Larkin
Consultant
John Larkin
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Article and Insights

Consumer Insurance Contracts Act 2019 – the Funeral Bell for Existing Duty of Disclosure?

In this article we discuss a recently decided High Court case on the duty to disclose material fa...

John Larkin
Consultant
John Larkin
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Article and Insights

Commercial Court Rules in Favour of Plaintiffs in Cases Against FBD

The recent judgment of the Commercial Court in a number of business interruption insurance test c...

Paul Convery
Partner
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Article and Insights

Central Bank updates (Re)Insurers on Key Regulatory Developments in its September Industry Newsletter

Climate change risks, outsourcing and digitalisation, are the key topics the Central Bank of Irel...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Publishes Second Newsletter for Insurance Intermediaries in 2019

Central Bank of Ireland publishes second newsletter of 2019 for insurance intermediaries updating...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank publishes Consultation Paper in relation to Third Country Insurance Branches in Ireland

Establishing a Third Country Insurance Branch in Ireland – New Consultation Paper Published

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Publishes Consultation Paper on Enhancement of Engagement with Stakeholders

Central Bank Publishes Consultation Paper on Enhancement of Engagement with Stakeholders

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Publishes Consultation Paper on Pre-Emptive Recovery Planning for (Re)Insurers

The CBI's consultation paper contains proposals for regulations and guidelines on pre-emptive rec...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Central Bank Publishes Intermediary Times

The Central Bank of Ireland's 2020 bumper edition of the Intermediary Times addresses recent upda...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland issues “Dear CEO” Letter to Retail Intermediaries regarding Regulatory Returns

We consider the "Dear CEO" letter issued by the Central Bank of Ireland to all retail intermediar...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland Publishes Consumer Protection Outlook 2020

The recently published Central Bank report on Consumer Protection highlights key cross sectoral r...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland publishes Consumer Protection Outlook Report 2022

We analyse and set out the key developments and points of relevance from the Consumer Protection ...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland publishes Draft Cross-Industry Guidance on Outsourcing

The Central Bank of Ireland has recently issued a consultation paper and draft cross-industry gui...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank of Ireland Publishes Quarterly Insurance Newsletter

Overview of the Central Bank of Ireland's Insurance Newsletter for Quarter 3, 2022.

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland Publishes Quarterly Insurance Newsletter

The Central Bank of Ireland published its Insurance Newsletter as at June 2021, exploring topics ...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland publishes Strategic Plan 2019 – 2021

The Central Bank of Ireland (CBI) has published its Strategic Plan for the next three years.

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank of Ireland Supervisory Priorities for the Irish (Re)Insurance Sector following COVID-19

In a speech delivered on 23 June 2021, the Central Bank of Ireland outlined its supervisory prior...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Determination points to Increased Focus on Senior Executive Accountability

Following a recent Central Bank of Ireland enforcement action, we review the decision of the Cent...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank of Ireland – Report on Outsourcing

The Report sets out the CBI's main findings from its review of regulated firms' outsourcing activ...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank CP150 Consultation Paper on Intra-Group Transactions Affecting Irish (Re)Insurance Undertakings

An overview of the impacts and exposures elaborated upon in the Central Bank's Consultation Paper...

John Larkin
Consultant
John Larkin
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Article and Insights

CBI Administrative Sanctions – Themes of Relevance to (Re)insurers

A brief overview of the CBI Administrative Sanctions and the themes of relevance to (Re)insurers.

John Larkin
Consultant
John Larkin
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Article and Insights

Business Interruption Insurance – Financial Conduct Authority Test Case

In this article, we consider the ongoing Financial Conduct Authority test case and its possible i...

John Larkin
Consultant
John Larkin
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Article and Insights

Brexit – Trade Negotiations and Transition Period

Despite the UK officially leaving the EU on 31 January 2020, a transition period is in place unti...

John Larkin
Consultant
John Larkin
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Article and Insights

Brexit Continued – UK & EU Agree Memorandum of Understanding on Financial Services

The UK and EU have agreed a Memorandum of Understanding in relation to future cooperation on fina...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Brexit Planning – Seconding staff from the UK to Ireland

In its recently updated Brexit FAQ, the Central Bank of Ireland (the "Central Bank") provides an ...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Brexit Update: European Commission issues Readiness Notice to (Re)Insurance Stakeholders

The European Commission has published an updated readiness notice to stakeholders regarding the i...

John Larkin
Consultant
John Larkin
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Article and Insights

Brexit: The Current State of Play on Solvency II equivalence for the UK

The EU and the UK have failed to meet the 30 June 2020 deadline for Solvency II equivalence asses...

John Larkin
Consultant
John Larkin
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Article and Insights

An Insurer’s Perspective on the Sustainable Finance Disclosure Regulation

The Sustainable Finance Disclosure Regulation is now in effect. In this briefing, we examine its...

John Larkin
Consultant
John Larkin
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Article and Insights

(Re)insurance – Regulatory Initiatives and Sustainable Finance

(Re)insurers must prepare for key changes arising through European Union initiatives on sustainab...

John Larkin
Consultant
John Larkin
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Article and Insights

The Fifth Anti-Money Laundering Directive

The Fifth Anti-Money Laundering Directive (MLD5) entered into force on 9 July 2018 and Member Sta...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

The Sixth Annual Central Bank Demographic Analysis Report – Key Developments

Regulated firms must prioritise diversity at senior levels to prevent groupthink, promote interna...

Patricia Taylor
Consultant
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Article and Insights
Eoin Caulfield
Partner
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Article and Insights

Central Bank of Ireland Publishes its First 2022 Newsletter for Insurance Intermediaries

A concise overview of the main points of interest for (re)insurance intermediaries in the Central...

Eoin Caulfield
Partner
Eoin Caulfield
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Article and Insights

Central Bank (Individual Accountability Framework) Bill 2021: Pre-legislative Scrutiny Recommendations

The Joint Committee on Finance, Public Expenditure and Reform and Taoiseach published its Report ...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Consumer Protection Code Review

The Central Bank has commenced the first phase of a three-stage review of the Consumer Protection...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Preparing for Individual Accountability Series – Part 4 -Enforcement Reforms

In this briefing, we examine proposed enforcement reforms - the fourth of four pillars of the ind...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Legal News – October 2022

Welcome to the October 2022 edition of Legal News, a selection of our recent publications on subj...

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Article and Insights

Brexit Continues to Shape the Regulatory Landscape as EIOPA Consults on the use of Third-Country Branches

A brief analysis of the key issues raised by EIOPA in its proposed new supervisory statement on t...

John Larkin
Consultant
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Article and Insights

Preparing for Individual Accountability Series – Part 3 – Senior Executive Accountability Regime

In this briefing, we examine the senior executive accountability regime (SEAR) – the third of fou...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Preparing for Individual Accountability Series – Part 2 – Fitness and Probity Reforms

In this briefing, we examine fitness and probity reforms – the second of four pillars of the indi...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Determining Application of Closure/Disease Clause to COVID-19 in Insurance Policy

High Court finds Devlin Hotel not entitled to cover for pandemic losses under RSA policy of insur...

John Larkin
Consultant
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Article and Insights

EIOPA’s Supervisory Statement on the Supervision of Run-Off Undertakings

EIOPA has issued a Supervisory Statement detailing how national supervisors should approach the r...

James Phelan
Partner
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Article and Insights

Legal News – February 2022

Here is a selection of our recent publications on subjects that may affect you or your business.

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Preparing for Individual Accountability Series – Part 1 – Conduct Standards

In this briefing, we examine conduct standards – the first of four pillars of the individual acco...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Russian Sanctions: A (Re)Insurance perspective

Analysis of the Russian Sanctions Regime, with a particular focus on the impact of these measures...

John Larkin
Consultant
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Article and Insights

Governor Makhlouf addresses the Insurance Ireland Annual Industry Lunch

An overview of Governor Makhlouf's remarks at the recent Insurance Ireland Annual Industry Lunch ...

John Larkin
Consultant
John Larkin
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Article and Insights

Extension of Interim Period under the Companies Act 2014

The interim period introduced by the Companies (Miscellaneous Provisions) (COVID-19) Act 2020 has...

John Larkin
Consultant
John Larkin
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Article and Insights

Beyond Brexit – EU-UK Agreement and Ireland’s Insurance Temporary Run-off Regime

In tandem with the end of the Brexit transition period at 11.00pm on 31 December 2020, the Irish ...

John Larkin
Consultant
John Larkin
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Article and Insights

Walking Away From Loyalty Penalties – the End for Differential Pricing?

Central Bank of Ireland proposes that customers who remain loyal to their insurer are not penalis...

James Phelan
Partner
James Phelan
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Article and Insights

EIOPA Publishes Analysis on National General Good Rules

EIOPA has published its analysis of the published national general good rules on registration and...

John Larkin
Consultant
John Larkin
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Article and Insights

Deputy Governor outlines 2021 Priorities and Expectations of the Central Bank of Ireland

We briefly consider the key topics covered in the 'Governance and risk in a time of uncertainty a...

John Larkin
Consultant
John Larkin
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Article and Insights

CBI releases its Annual Report and Report on Protected Disclosures for 2020

The Central Bank recently published its 2020 Annual Report & Annual Performance Statement for 202...

John Larkin
Consultant
John Larkin
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Article and Insights

Bringing Another Seat to the Table: Expansion of Third Parties’ Rights under CICA 2019

Before the Consumer Insurance Contracts Act 2019 (CCIA), the rules regarding privity of contract ...

Paul Convery
Partner
Paul Convery
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Article and Insights

Review of the VAT Rules for Financial and Insurance Services

The current VAT rules for financial and insurance services are criticised for being complex, diff...

Ted McGrath
Partner
Ted McGrath
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Article and Insights

The Government Action Plan for Insurance Reform 2020

In this article we consider the Government's anticipated Action Plan for Insurance Reform, which ...

John Larkin
Consultant
John Larkin
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Article and Insights

UK Update – Prudential and Rothesay Life Successful in Appeal

The UK Court of Appeal has overturned the High Court's refusal to sanction the transfer of a £12b...

John Larkin
Consultant
John Larkin
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Article and Insights

The New Programme for Government – a Significant Insurance Reform Agenda

In this article we consider the new Programme for Government which contains significant Insurance...

John Larkin
Consultant
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Article and Insights

COVID-19: Insurance Considerations – Regulatory Pronouncements

As businesses assess the impact of COVID-19, and insurers consider policy wordings in the context...

John Larkin
Consultant
John Larkin
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Article and Insights

COVID-19: Insurance Considerations – Part 2

Part 2: The impact of COVID-19 on insurance policies

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Consultant
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Article and Insights

COVID-19: Insurance Considerations

The impact of COVID-19 on business interruption insurance policies

John Larkin
Consultant
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Article and Insights

Central Bank Publishes Insurance Newsletter

The Central Bank's first Insurance Newsletter of 2020 addresses COVID-19 uncertainty, emerging ri...

John Larkin
Consultant
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Article and Insights

(Re)Insurance Intermediaries – Update on Changes to Central Bank Authorisation Form and Other Regulatory Requirements

This article highlights the recent changes to the Central Bank of Ireland's application process f...

John Larkin
Consultant
John Larkin
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Article and Insights

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 ‘disclos...

John Larkin
Consultant
John Larkin
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Article and Insights

In Short: EIOPA Guidelines on Outsourcing to Cloud Service Providers

On 6 February 2020, EIOPA published its Guidelines on outsourcing to cloud service providers (th...

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Consultant
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Article and Insights

Legal News – November 2020

We aim to keep you up to date on legal developments that may affect you or your business. Here ar...

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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...

John Larkin
Consultant
John Larkin
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Article and Insights

Legal News – February 2020

Welcome to the February 2020 edition of Legal News. We at William Fry aim to keep you up to date ...

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Article and Insights

Differential Pricing in the Irish Insurance Market – the Beginning of the End?

The Central Bank of Ireland recently issued a Dear CEO letter setting out immediate actions to be...

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Consultant
John Larkin
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Article and Insights

William Fry Submission on CBI CP131

William Fry's submission on CP131 "Regulations for pre-emptive recovery planning for (re)insurers"

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Consultant
John Larkin
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Article and Insights

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 t...

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Consultant
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Article and Insights

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 i...

John Larkin
Consultant
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Article and Insights

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...

John Larkin
Consultant
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Article and Insights

Litigating COVID-19 Business Interruptions Claims – What the CBI Expects

Sarah Twohig and Paddy Murphy of our Litigation & Dispute Resolution team and James Foster of our...

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Article and Insights

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 ramifi...

John Larkin
Consultant
John Larkin
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Article and Insights

UK Update – Prudential and Rothesay Life to Appeal Transfer Refusal

Prudential Life Assurance Company Ltd and Rothesay Life plc are to appeal the High Court of Engla...

John Larkin
Consultant
John Larkin
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Publication of New Capital Markets Union Action Plan

The European Commission's recent publication of its “new, ambitious” Capital Markets Union Action...

John Larkin
Consultant
John Larkin
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Article and Insights

Opening Remarks at the CBIs 2020 Insurance Industry Briefing

CBI Director of Insurance Supervision, Domhnall Cullinan, provided the opening remarks at the CBI...

Catherine Carrigy
Senior Associate
Catherine Carrigy
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Second Shareholders’ Rights Directive – Implications for Life Insurers and Life Reinsurers

This article considers the implications for life (re)insurers following the implementation of the...

John Larkin
Consultant
John Larkin
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COVID-19: The Doctrine of Frustration

We consider whether the doctrine of frustration may provide a resolution where the performance of...

Paul Convery
Partner
Paul Convery
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Article and Insights

Force Majeure – A Sledgehammer to Crack a Nut?

A good business relationship may take years to establish. Once the global Coronavirus crisis ends...

Laura Murdock
Partner
Laura Murdock
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Article and Insights

Landmark Scheme of Arrangement to Restructure US$1.65bn of Senior Debt Sanctioned by the Irish High Court

William Fry recently advised Ballantyne Re plc, an Irish reinsurance SPV, on the approval and imp...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Central Bank of Ireland Publishes Third Insurance Quarterly Newsletter for 2019

Articles relate to compliance with conditions of authorisation, insurance and climate change and ...

John Larkin
Consultant
John Larkin
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Article and Insights

Central Bank Publishes First Newsletter for Insurance Intermediaries in 2019

Central Bank of Ireland publishes newsletter for insurance intermediaries with updates on Brexit ...

John Larkin
Consultant
John Larkin
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Legal News – February 2019

Please click on the title above to view our Legal News - February 2019

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Irish Government Proposals for Insurance Sector in No-Deal Brexit Scenario

Temporary run-off regime for UK based insurers with Irish policyholders proposed in the event of ...

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Consultant
John Larkin
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Brexit Omnibus Bill Published

Bill to prepare Ireland for no deal withdrawal by the UK working its way through legislative process

Shane Kelleher
Partner
Shane Kelleher
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Central Bank Publishes Second Insurance Quarterly Newsletter for 2019

The Central Bank's second Insurance Quarterly Newsletter for 2019 addresses evolutions in (re)ins...

John Larkin
Consultant
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Central Register of Beneficial Ownership Goes Live

Companies have until 22 November 2019 to file beneficial ownership information with newly establi...

Deirdre Mooney
Senior Associate
Deirdre Mooney
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Central Bank Publishes First Insurance Quarterly Newsletter for 2019

Central Bank's Insurance Quarterly Newsletter details the main insurance developments in an incre...

John Larkin
Consultant
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Employer Breach of Employment Contract May Release Employee from Post-termination Restrictions

In our latest article we look at the recent decision of the High Court of England and Wales in Br...

Lisa Shannon
Senior Associate
Lisa Shannon
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New Irish Regulations implementing the Insurance Distribution Directive Published

The Department of Finance has published the Irish statutory instrument implementing the Insurance...

John Larkin
Consultant
John Larkin