An overview of insurance regulatory framework in Ireland.
The latest key changes and changes expected in the insurance regulatory framework in the country.
Key regulations and market practices related to different types of insurance products in the country.
Rules and regulations pertaining to key classes of compulsory insurance and the scope of non-admitted insurance in Ireland.
Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency requirements, reserve requirements, and investment regulations.
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Details of the tax and legal systems in the country.
Executive summary
Timetric’s 'Governance, Risk and Compliance – The Irish Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Ireland. It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operations of insurance and reinsurance companies and intermediaries.
The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, recent and upcoming changes in regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
Scope
This report covers details of the insurance regulatory framework in Ireland.
The report contains details of rules and regulations governing insurance products and insurance entities.
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The report lists and analyzes key trends and developments pertaining to the Irish insurance regulatory framework.
The report analyzes rules and regulations pertaining to the establishment and operation of insurance business in the country.
The report provides details of taxation imposed on insurance products and companies.
An overview of the country's legal system is also included.
Reasons to buy
Gain insights into the insurance regulatory framework in Ireland
Track latest regulatory changes and expected changes impacting the Irish insurance industry
Gain detailed information about key regulations governing the establishment and operation of insurance entities in the country
Understand key regulations and market practices relating to various types of insurance product.
Key highlights
The Irish insurance industry is supervised and regulated by the Central Bank of Ireland.
Foreign ownership up to 100% is permitted in the Irish insurance industry.
The Solvency II framework will introduce new risk management standards for insurers.
On December 23, 2013, the Central Bank of Ireland published a revised Corporate Governance Code for Credit Institutions and Insurance Undertakings.
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