CJEU confirms unit-linked life assurance contracts are insurance contracts *

European Union - September 20 2012
Mr Lorenzo Gonzalez (the “Applicant”) acquired a unit-linked assurance product, after concluding the contract at his workplace. 

Co-authors: Sharon Daly, Darren Maher.

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Central Bank of Ireland updates regulatory requirements for reinsurance undertakings *

Ireland - September 20 2012
The Central Bank has recently published updated regulatory requirements for life reinsurance undertakings, non-life reinsurance undertakings and composite reinsurance undertakings.

Co-authors: Sharon Daly, Darren Maher.

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Jurisdiction clauses in insurance policies – High Court decision in Lartigue Enterprises Ltd v Three Lions Underwriting Ltd *

European Union, Ireland - September 20 2012
The insurers asked the Court to decline jurisdiction to hear the case in favour of an English court in circumstances where the slip stated that coverage disputes would be governed by the law of England and Wales and conferred jurisdiction on the English courts.

Co-authors: Sharon Daly, Darren Maher.

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Central Bank of Ireland publishes Fitness and Probity Service Standards *

Ireland - September 20 2012
On 29 June 2012, the Central Bank published new Fitness and Probity Service Standards (the “Standards”) outlining the Central Bank’s target turnaround times for processing individual questionnaires (“IQ”).

Co-authors: Sharon Daly, Darren Maher.

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Central Bank of Ireland publishes Issue 3 of the Intermediary Times *

Ireland - September 20 2012
The Central Bank has recently published its third issue of the Intermediary Times, a newsletter for brokers and retail intermediaries.

Co-authors: Sharon Daly, Darren Maher.

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