28 May 2026
Aligning risk culture with strategy boardroom view
As regulatory expectations evolve and firms navigate increasing complexity, risk culture has become a central focus for boards.
Insurance regulation newsletter - Issue 2
Q2 2022 saw continued regulatory emphasis on consumer protection, resilience frameworks, and sustainability goals in the insurance sector.
Combining these challenges with the backdrop of economic and geopolitical uncertainty, insurance professionals will remain as busy as ever this summer.
Our newsletter covers important updates from the CBI and EIOPA, plus all the latest developments across the industry, including:
- Sanctions, risks and expectations in respect of the war in Ukraine.
- Updates to Solvency II guidelines on Contract Boundaries and Technical Provisions.
- Recovery and Resolution Planning.
- Differential Pricing updates.
- CBI Fines and Reprimands.
- Climate risks and expectations.
- CBI & EIOPA Consultation Paper updates.
- Personal Injuries Assessment Board updates.
- The latest industry statistics from the National Claims Database, Health Insurance Authority and Financial Services & Pensions Ombudsman.
21 May 2026
Solvency II revision – implications for Ireland
The revision of Solvency II represents a significant evolution of Europe’s prudential framework for insurers, with the dual aim of strengthening resilience while enhancing the sector’s capacity to support long-term investment.
30 Apr 2026
The EBA publishes Report on banks’ dry run testing
The European Banking Authority (EBA) has published a report examining how banks test the implementation of their recovery plans through so called dry runs. The report compares current practices across the EU and assesses how effectively dry runs support institutions’ preparedness for periods of severe financial stress.
Contact
Rob Hamill Partner, Audit & Assurance - Dublin
Martina Mahon Partner, Audit & Assurance - Dublin
Financial services
Building the future of financial services with forward thinking solutions
Reviewing actuary
The requirements are set out in the Central Bank of Ireland’s Domestic Actuarial Regime, which became effective on 1st January 2016.
Pre-emptive recovery planning for insurers
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 and automation in insurance
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.
Insurance
Forward thinking solutions to help you succeed in a transforming market
Actuarial
Forvis Mazars actuarial consultants have in-depth knowledge and experience of the challenges and opportunities in the Irish insurance market.