Insurance & Reinsurance

The COVID-19 (Coronavirus) outbreak continues to have a momentous impact on the global economy and all businesses, including (re)insurers and intermediaries, face challenging and unstable market conditions. As the COVID-19 position develops, (re)insurers and intermediaries are focused on mitigating the impact on their operations to ensure business continuity. It is important for the industry to be legally informed and prepared to engage with this crisis in the immediate future so as to protect both workforces and customers. The Insurance team at A&L Goodbody is well placed to advise clients on how to respond to issues encountered and we are across regulatory developments in the industry. Please contact your usual A&L Goodbody contact on the Insurance Team if you need any COVID-19-related advice.

• COVID-19: Analysis of CBI business interruption insurance supervisory framework
• Regulatory approaches to COVID-19
• COVID-19: EIOPA Recommendations - Flexibility for (re)insurer reporting & public disclosure
• COVID-19: EIOPA Statement - Mitigating impact on the EU insurance sector
• COVID 19: CBI Statement