As we enter 2023, if there is a single word to summarise the current focus of regulators, that word is ‘resilience’. Between climate change, digitalisation, macroeconomic volatility, geo-political developments, and the post-COVID-19 ‘new-normal’, both the CBI and EIOPA are placing high demands on the (re)insurance industry to ensure it remains resilient in the face of unprecedented challenges.
Our newsletter covers important updates from the CBI and EIOPA, plus all the latest developments across the industry, including:
Looking for actionable insights? Thoughtful solutions and bite-sized advice you can put to work, right now? Get the latest news in your inbox. Subscribe here
Since the start of the year, many Central Bank of Ireland (CBI) articles and speeches have called out the Payments Institutions (PI) and Electronic Money Institutions (EMI) sector as being one of increased risk. One area of focus has been the wind-down plans for relevant institutions, ensuring that these are credible and prioritising minimising any negative impact on consumers.
2024 has seen the appointment of two new commissioners in the Data Protection Commission (DPC). The Digital Services Act is now effective, with several large organisations already being required to comply and establish a new regulator, Comisiún na Meán.
The role reports to the President and provides executive, administrative, and development support. The Director of the Office of the President serves as the primary point of contact for internal and external stakeholders on all matters pertaining to the President, serves as a liaison to the Governing Body and senior leadership team when required, and oversees internal and external communications for...
Building the future of financial services with forward thinking solutions
Forward thinking solutions to help you succeed in a transforming market
The requirements are set out in the Central Bank of Ireland’s Domestic Actuarial Regime, which became effective on 1st January 2016.
Regulations requiring recovery plans for (Re)insurers were published in April 2021. Following a consultation period with industry, a deadline of 31st March 2022 has been set for preparation of plans.
Digitalisation has changed the world of customer service and customer engagement rapidly. Companies are facing several touchpoints and an increasing number of incoming messages and requests. Meanwhile, customers are expecting a 24/7 self-service.
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
For more information on the cookies we use, please refer to our Privacy Policy.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.
We use marketing cookies to increase the relevancy of our advertising campaigns.
