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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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
