Ireland
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Population & Scope
Population & Scope Statistical population Statistical populationGeneral remarks:
National law adopts the Solvency II Directive (2009/138/EC). Solvency II reporting is based on the templates for the submission of information to the supervisory authorities laid down by the Commission Implementing Regulation 2015/2450.
According to Directive 2009/138/EC (see article 80) and Commission Delegated Regulation EU 2015/35 (see article 55, Annex I), the segmentation of insurance and reinsurance obligations into lines of business reflect the nature of the risks underlying the obligation. This may justify a segmentation which differs from the allocation of insurance activities to life insurance activities and non-life insurance activities, from the classes of non-life insurance set out in Annex I of Directive 2009/138/EC and from the classes of life insurance set out in Annex II of Directive 2009/138/EC. The templates for business written by class of business are by line of business. As a result, reporting by line of business split is different than reporting by class of business split.
For the purpose of this exercise, with the exception of general information on the number of insurance undertakings and employees, only branches of non-EU undertakings are considered as "Branches And Agencies of Foreign Undertakings".
Data on premiums are completed for direct insurers only. Reinsurers and branches of EU undertakings are excluded.
1.1.4 Non-life insurance payments, by class, gross premiums:
The breakdown of premiums by class of insurance have been reported, taking into consideration the segmentation into lines of business according to the Solvency II framework, instead of classes of business. Figures were reported using the following mapping.
1.2 Gross claims payments:
Data on gross claims incurred in the reporting country are reported instead of gross claims paid.
Balance Sheet and Income Statement:
Data on balance sheet relate to the total global business of the firms. Data are reported for domestic undertakings only.
Data on gross claims incurred are reported instead of gross claims paid.
Solvency II Eligible Own Funds are reported as Available Solvency Capital, and Solvency II Solvency Capital Required is reported as Minimum Required Capital, taking into account that supervisory measures can be taken based on the SCR ratio falling below the 100% level.
Life overhead expenses are not included.
National law adopts the Solvency II Directive (2009/138/EC). Solvency II reporting is based on the templates for the submission of information to the supervisory authorities laid down by the Commission Implementing Regulation 2015/2450.
According to Directive 2009/138/EC (see article 80) and Commission Delegated Regulation EU 2015/35 (see article 55, Annex I), the segmentation of insurance and reinsurance obligations into lines of business reflect the nature of the risks underlying the obligation. This may justify a segmentation which differs from the allocation of insurance activities to life insurance activities and non-life insurance activities, from the classes of non-life insurance set out in Annex I of Directive 2009/138/EC and from the classes of life insurance set out in Annex II of Directive 2009/138/EC. The templates for business written by class of business are by line of business. As a result, reporting by line of business split is different than reporting by class of business split.
For the purpose of this exercise, with the exception of general information on the number of insurance undertakings and employees, only branches of non-EU undertakings are considered as "Branches And Agencies of Foreign Undertakings".
Data on premiums are completed for direct insurers only. Reinsurers and branches of EU undertakings are excluded.
1.1.4 Non-life insurance payments, by class, gross premiums:
The breakdown of premiums by class of insurance have been reported, taking into consideration the segmentation into lines of business according to the Solvency II framework, instead of classes of business. Figures were reported using the following mapping.
| OECD Classes of Business | Solvency II Lines of Business |
| 1. Motor Vehicle Insurance | • Motor vehicle liability insurance |
| • Other motor insurance | |
| 2. Marine, Aviation And Other Transport Insurance | Marine, aviation and transport insurance |
| 3. Freight Insurance | ND |
| 4. Fire And Other Property Damage Insurance | Fire and other damage to property insurance |
| 5. Pecuniary Loss Insurance | • Credit and suretyship insurance |
| • Miscellaneous financial loss | |
| 6. General Liability Insurance | General liability insurance |
| 7. Accident And Health | • Medical expense insurance |
| • Income protection insurance | |
| • Workers' compensation insurance | |
| 8. Other Non-Life Insurance | • Legal expenses insurance |
| • Assistance | |
| 9. Treaty Reinsurance | ND |
1.2 Gross claims payments:
Data on gross claims incurred in the reporting country are reported instead of gross claims paid.
Balance Sheet and Income Statement:
Data on balance sheet relate to the total global business of the firms. Data are reported for domestic undertakings only.
Data on gross claims incurred are reported instead of gross claims paid.
Solvency II Eligible Own Funds are reported as Available Solvency Capital, and Solvency II Solvency Capital Required is reported as Minimum Required Capital, taking into account that supervisory measures can be taken based on the SCR ratio falling below the 100% level.
Life overhead expenses are not included.
General remarks:
National law adopts the Solvency II Directive (2009/138/EC). Solvency II reporting is based on the templates for the submission of information to the supervisory authorities laid down by the Commission Implementing Regulation 2015/2450.
According to Directive 2009/138/EC (see article 80) and Commission Delegated Regulation EU 2015/35 (see article 55, Annex I), the segmentation of insurance and reinsurance obligations into lines of business reflect the nature of the risks underlying the obligation. This may justify a segmentation which differs from the allocation of insurance activities to life insurance activities and non-life insurance activities, from the classes of non-life insurance set out in Annex I of Directive 2009/138/EC and from the classes of life insurance set out in Annex II of Directive 2009/138/EC. The templates for business written by class of business are by line of business. As a result, reporting by line of business split is different than reporting by class of business split.
For the purpose of this exercise, with the exception of general information on the number of insurance undertakings and employees, only branches of non-EU undertakings are considered as "Branches And Agencies of Foreign Undertakings".
Data on premiums are completed for direct insurers only. Reinsurers and branches of EU undertakings are excluded.
1.1.4 Non-life insurance payments, by class, gross premiums:
The breakdown of premiums by class of insurance have been reported, taking into consideration the segmentation into lines of business according to the Solvency II framework, instead of classes of business. Figures were reported using the following mapping.
1.2 Gross claims payments:
Data on gross claims incurred in the reporting country are reported instead of gross claims paid.
Balance Sheet and Income Statement:
Data on balance sheet relate to the total global business of the firms. Data are reported for domestic undertakings only.
Data on gross claims incurred are reported instead of gross claims paid.
Solvency II Eligible Own Funds are reported as Available Solvency Capital, and Solvency II Solvency Capital Required is reported as Minimum Required Capital, taking into account that supervisory measures can be taken based on the SCR ratio falling below the 100% level.
Life overhead expenses are not included.
National law adopts the Solvency II Directive (2009/138/EC). Solvency II reporting is based on the templates for the submission of information to the supervisory authorities laid down by the Commission Implementing Regulation 2015/2450.
According to Directive 2009/138/EC (see article 80) and Commission Delegated Regulation EU 2015/35 (see article 55, Annex I), the segmentation of insurance and reinsurance obligations into lines of business reflect the nature of the risks underlying the obligation. This may justify a segmentation which differs from the allocation of insurance activities to life insurance activities and non-life insurance activities, from the classes of non-life insurance set out in Annex I of Directive 2009/138/EC and from the classes of life insurance set out in Annex II of Directive 2009/138/EC. The templates for business written by class of business are by line of business. As a result, reporting by line of business split is different than reporting by class of business split.
For the purpose of this exercise, with the exception of general information on the number of insurance undertakings and employees, only branches of non-EU undertakings are considered as "Branches And Agencies of Foreign Undertakings".
Data on premiums are completed for direct insurers only. Reinsurers and branches of EU undertakings are excluded.
1.1.4 Non-life insurance payments, by class, gross premiums:
The breakdown of premiums by class of insurance have been reported, taking into consideration the segmentation into lines of business according to the Solvency II framework, instead of classes of business. Figures were reported using the following mapping.
| OECD Classes of Business | Solvency II Lines of Business |
| 1. Motor Vehicle Insurance | • Motor vehicle liability insurance |
| • Other motor insurance | |
| 2. Marine, Aviation And Other Transport Insurance | Marine, aviation and transport insurance |
| 3. Freight Insurance | ND |
| 4. Fire And Other Property Damage Insurance | Fire and other damage to property insurance |
| 5. Pecuniary Loss Insurance | • Credit and suretyship insurance |
| • Miscellaneous financial loss | |
| 6. General Liability Insurance | General liability insurance |
| 7. Accident And Health | • Medical expense insurance |
| • Income protection insurance | |
| • Workers' compensation insurance | |
| 8. Other Non-Life Insurance | • Legal expenses insurance |
| • Assistance | |
| 9. Treaty Reinsurance | ND |
1.2 Gross claims payments:
Data on gross claims incurred in the reporting country are reported instead of gross claims paid.
Balance Sheet and Income Statement:
Data on balance sheet relate to the total global business of the firms. Data are reported for domestic undertakings only.
Data on gross claims incurred are reported instead of gross claims paid.
Solvency II Eligible Own Funds are reported as Available Solvency Capital, and Solvency II Solvency Capital Required is reported as Minimum Required Capital, taking into account that supervisory measures can be taken based on the SCR ratio falling below the 100% level.
Life overhead expenses are not included.