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Digitalisation, climate change and the cost of insurance have dominated agendas in early 2024 for insurers and regulators alike. While macroeconomic conditions have stabilised, technological advancements and legislative developments promise to keep insurers busy into the summer months and beyond.
Since the beginning of the year, several articles and speeches from the Central Bank of Ireland (CBI) have singled out the Payments Institutions (PI) and Electronic Money Institutions (EMI) sector as being of increased risk, with concerns that an operational or financial failure could cause a significantly impact the European Economic Area (EEA) financial system.
Mazars is delighted to have supported Aerospace Software Developments (ASD) on its sale to Descartes Systems Group.
Forward thinking solutions to help you succeed in a transforming market
Building the future of financial services with forward thinking solutions
Mazars actuarial consultants have in-depth knowledge and experience of the challenges and opportunities in the Irish insurance market.
Solvency II requires that (re)insurers regulated in Ireland appoint a Head of Actuarial Function (“HoAF”) to coordinate the activities of the actuarial function including:
Portfolio Transfers refer to the sale or transfer of a portfolio of insurance policies from one entity to another
Independence and rigour that provides confidence and transparency for stakeholders and society.
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