European Parliament Library

Ireland :, Financial Sector Assessment Program-Detailed Assessment of Observance on the Insurance Core Principles

This paper discusses findings of the Detailed Assessment of Observance on the Insurance Core Principles on Ireland. It highlights that the Central Bank of Ireland (CBI) has made significant progress in updating the regulatory regime, and the impending implementation of Solvency II (SII) is expected to address most of the regulatory gaps noted in the assessment. The Central Bank Supervision and Enforcement Act of 2013 has significantly enhanced CBI’s supervision and enforcement powers. CBI’s preparation for SII is well advanced, and a dedicated SII project has been in place since 2010
Table Of Contents
Cover Page; Title Page; Copyright Page; Contents; APPENDICES; TABLES; FIGURES; Glossary; EXECUTIVE SUMMARY; ASSESSMENT OF INSURANCE CORE PRINCIPLES; A. Introduction and Scope; B. Information and Methodology Used for Assessment; C. Overview-Institutional and Macroprudential Setting; 1. Insurance Penetration and Density in 2013; 2. Insurance Market Structure; 3. Analysis of Irish Insurance Sector - Asset Portfolios as at end-2013; 4. Solvency Position of Irish Insurance Sector; 1. New Business Premium Income: Domestic Life Insurers; 2. Gross Written Premium: Non-Life Insurers
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (120 p.)
Specific Material Designation
Form Of Item

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