Irish insurance market update August 2015

Your summary of accounting, actuarial and regulatory developments

Download our report and find out more about the following topics:

Insurance Ireland

  • Insurance Ireland announces Deloitte as their Market Intelligence Strategic Alliance Partner

Central Bank of Ireland (“CBI”) activity

  • CBI publishes “Solvency II Matters” Newsletter
  • CBI publishes Macro-Financial Review
  • CBI publishes additional guidance on new PCF roles

Other Irish News

  • Justice Committee Invites Submissions on Civil Liability (Amendment) Bill

Solvency II

  • EIOPA calls for high quality public disclosure under Solvency II
  • EIOPA publishes Set 2 of Solvency II Technical Standards and Guidelines
  • EIOPA publishes Taxonomy 2.0
  • EIOPA publishes Annual Report 2014
  • New jurisdictions to receive Equivalence Status


  • BEPS Project: Update
  • FATCA Update
  • Companies Act 2014: Directors Compliance Statement 
  • New Financial Reporting Framework – Tax Considerations
  • Financial Transaction Tax: Update
  • iXBRL: Updated FAQs
  • Other Revenue Pronouncements in Brief
  • Department of Finance Consultations
     - Review of SARP Published
     - KBD Feedback Statement Issued
     - Travel and Subsistence Consultation Launched

Company Law Updates

  • Companies Act 2014 Commencement Order
  • European Union (Insurance Undertakings: Financial Statements) Regulations 2015

Financial reporting developments

  • IFRS 4 Update
  • New Irish GAAP


Deloitte will be running Solvency II and Financial Reporting sessions over the coming weeks- invites for same will issue shortly

Irish insurance update August 2015
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