News

04 Jul 2024

General Insurance Committee Newsletter July 2024

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22 Oct 2019

Public Consultation on Climate Change and Insurance in the context of the “Climate Action Plan 2019 to Tackle Climate Breakdown”

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.

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20 Sep 2018

The Society issues responses to Central Bank of Ireland Consultation Papers CP122 & CP124

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

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22 Feb 2018

SAI Responds to CBI Consultation Paper (CP 114) on Amendments to the Non-Life Insurance (Provision of Information) (Renewal of Policy of Insurance) Regulations 2007

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

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14 Sep 2016

SAI presents to the Oireachtas Committee on the rising costs of motor insurance

The Society of Actuaries in Ireland has told the ‘Oireachtas Committee on Finance, Public Expenditure & Reform, and Taoiseach’ that evidence-based research is vital to underpin informed policy-making on the costs of motor insurance. 

The full Press Release, including speaking notes, is available here.

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23 Mar 2016

EIOPA macroprudential approach to the low interest rate environment in Solvency II

The European Insurance and Occupational Pensions Authority (EIOPA) published today a potential macroprudential approach to the low interest rate environment in the Solvency II context.
The aim of this publication is to contribute to the discussion on the possible need to develop a macroprudential framework in the insurance sector to promote financial stability in a Solvency II environment.
 
The following three objectives to be targeted by supervisory authorities in the current low interest rate environment are addressed:

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23 Oct 2015

Solvency II and the CP92 Requirements Briefing Statement

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21 Jul 2015

EIOPA highlights measures to facilitate the transfer of pension rights

The European Insurance and Occupational Pensions Authority (EIOPA) has published a Good Practices Report on transferability of supplementary pension rights. With this Report, EIOPA identifies the main impediments to cross-border and national transfers as well as a number of good practices to overcome these. This would create more transparency in the interest of consumers and facilitate the internal market for supplementary pension rights.

EIOPA outlines three key areas which – if addressed – could significantly facilitate the transferability of supplementary pension rights:

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