News

Climate change is affecting how risks are underwritten, priced, managed and reported globally, whether for general insurance, life insurance, pensions, other financial institutions, and social security.  

This is one of the key messages in a paper ‘Climate Change Matters’ published by the Society of Actuaries in Ireland on Monday Oct 24th.

SAI Response to the Department of Finance on the Consultation on Development of a National Resolution Framework for (Re) Insurers (Sept 2021)

Response to Public consultation on enhancing and reforming the Personal Injuries Assessment Board (PIAB)

Response to HIA Consultation on community-rated health insurance market in Ireland and proposed changes to the Risk Equalisation Scheme [which is in response to this HIA consultation].

The November 2020 Newsletter is now available to read online. This edition includes articles on:

The Society has made a Submission to the Department of Finance on the Public Consultation on Climate Change and Insurance in the context of the "Climate Action Plan 2019 to Tackle Climate Change Breakdown.

You can read the Society's Submission here.

The Society has today issued a press release on Ireland's Risk Equalisation system following its healthcare seminar today which brought together international and domestic experts to discuss how cross subsidies in the health insurance market can be modified in the future.

Click here to read the full press release

The Society has issued responses to the following Central Bank of Ireland Consultation Papers:

The Society recently submitted a response to the Central Bank of Ireland Consultation Paper (CP114) on Amendments to the Non-Life Insurance (Provision of Information) (Renewal of Policy of Insurance) Regulations 2007.

The response is available to read on our website here https://web.actuaries.ie/press/submissions

The Society made a submission to the recent Health Insurance Authority consultation on Lifetime Community Rating, and has issued a press release which highlights the key finding in the submission.