Irish insurance market update February 2015

Your summary of accounting, actuarial and regulatory developments

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

Central Bank of Ireland activity

  • Central Bank issues letter to Appointed Actuaries of Life Insurers
  • Central Bank publishes Macro-Financial Review

Solvency II

  • IT Solutions for Solvency II Survey
  • EIOPA launches public consultation on the second set of Solvency II Implementing Technical Standards (ITS) and Guidelines
  • EIOPA publishes final reports on the first set of Solvency II guidelines
  • EIOPA publishes results of EU-wide Insurance Stress Test 2014 and Recommendations
  • EIOPA publishes update on Data Point Model and XBRL taxonomy design
  • Department of Finance begins Public Consultation on Solvency II

Financial reporting developments

  • IFRS4 update


  • Finance Act 2014
  • The Common Reporting Standard (“CRS”)
  • FATCA Update
  • Companies Act 2014
  • Special Assignee Relief Programme (SARP) – 30 Day Notification Period
  • Employer Share Option Reporting – Form RSS1
  • VAT Update – European Court of Justice Ruling to impact Group VAT Costs
  • BEPS Project: Update
  • Financial Transaction Tax: Update

Other industry activity

  • Changes in discount rate – court judgement


  • Solvency II Breakfast Briefing
Irish Insurance market update February 2015
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