On 20 May 2016, the Central Bank of Ireland (CBI) published Consultation Paper 103 on Guidance for (Re)Insurance undertakings on the Head of Actuarial Function Role. The proposed guidance is intended to assist (re)insurers by providing an overview of the issues that should be considered by the Head of Actuarial Function (HoAF). These include (a) the HoAF's opinion on underwriting policy, reinsurance arrangements and Own Solvency Risk Assessment (OSRA), (b) the HoAF's contribution to the risk management system, and (c) the calculation of capital requirements. Submissions are invited by 12 August 2016.