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A&L Goodbody | Ireland | 13 Apr 2022

Irish Commercial Court further clarifies the interpretation of business interruption extensions in insurance contracts

The Commercial Court has issued another key judgment concerning business interruption losses arising from Covid-19. The judgment delivered by…
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A&L Goodbody | Ireland | 13 Apr 2022

Individual accountability in financial services: report on pre-legislative scrutiny of the Central Bank (Individual Accountability Framework) Bill 2021

The Joint Committee on Finance, Public Expenditure and Reform and Taoiseach (Committee) recently published its Report on Pre-Legislative Scrutiny of…
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A&L Goodbody | Ireland | 16 Mar 2022

Price walking regulations published

Insurance undertakings and insurance intermediaries operating in the Irish market should carefully consider the short and longer term implications to…
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A&L Goodbody | Ireland | 15 Mar 2022

CBI publishes final guidance on the use of service companies for staffing purposes in the insurance sector

On 31 January 2022, the Central Bank of Ireland (CBI) published its finalised guidance on the use of service companies for staffing purposes in the…
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A&L Goodbody | Ireland | 9 Feb 2022

Irish Commercial Court makes further ruling on COVID-19 business interruption insurance claims

Policyholders were entitled to be indemnified for lost profits due to early closing measures and bar counter closures. A pub did not have to close…
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A&L Goodbody | Ireland | 10 Jan 2022

Finalised CBI guidance on cross-industry outsourcing - the (re)insurance perspective

On 17 December 2021, the Central Bank of Ireland (CBI) published its finalised cross-industry guidance on outsourcing (the Guidance), which applies…
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A&L Goodbody | European Union, Ireland | 29 Oct 2021

Department of Finance to commence drafting the Insurance (Miscellaneous Provisions) Bill 2021

On 20 October 2021, the General Scheme of the Insurance (Miscellaneous Provisions) Bill 2021 (the Bill) was published. It is proposed that the Bill…
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A&L Goodbody | Ireland | 19 Aug 2021

The Individual Accountability Framework and SEAR - A guide to what you need to know and what next

The introduction of the Senior Executive Accountability Regime and broader Individual Accountability Framework will be one of the most impactful…
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A&L Goodbody | Ireland | 27 Jul 2021

SEAR and individual accountability: General Scheme published

The Department of Finance announced today details on the long-awaited Individual Accountability Framework (the IAF) including the Senior Executive…
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A&L Goodbody | Ireland | 22 Jul 2021

Differential pricing: More change on the way for the insurance industry

On 21 July 2021, the Central Bank of Ireland (CBI) published its final report following its review of Differential Pricing in the home and motor…
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