Funding Category B4 - Non-Life Insurance undertakings with an Irish Head Office and non-life undertakings authorised in a non-EEA member state
Types of levy for insurance undertakings in category B4
Insurance undertakings in category B4 may be subject to two types of levy:
- a prudential levy – this is applicable only to those insurance undertakings whose head office is located in Ireland.
- a consumer levy - this is applicable only to those insurance undertakings that generate premium income on Irish risk business. Therefore, an insurance undertaking that does not undertake retail business is not liable to pay the consumer levy.
How to calculate your levy
Both prudential and consumer levies consist of two parts:
- a minimum levy, and
- a variable levy based on
- global gross premium income in the case of the prudential levy; and
- gross premium income written on Irish risk business in the case of the consumer levy.
For an example of how the current funding year's levy for insurance undertakings in the B4 category was calculated please see:
Read more on the annual levying process.
Funding Category B5 - Non-life insurance undertakings authorised in another EEA member state operating in Ireland on a branch basis.
Types of levy for insurance undertakings in category B5
Branches are not subject to the prudential charge as prudential supervision is the responsibility of the home member state regulator.
However, branches engaged in the writing of Irish risk business will be required to pay a consumer levy.
How to calculate your levy
The consumer levy consists of two parts:
- a minimum levy, and
- a variable levy based on gross premium income written on Irish risk business.
For an example of how the current funding year's levy for insurance undertakings in the B5 category was calculated please see the 
B5 consumer calculation template.
Read more on the annual levying process.
Funding Category B6 - Non-life insurance undertakings authorised in another EEA member state operating in Ireland on a cross-border basis.
Types of levy for insurance undertakings in category B6
Entities undertaking cross border business are not subject to the prudential charge as prudential supervision is the responsibility of the home member state regulator.
However, entities carrying out cross border business in Ireland are required to pay a consumer levy based on gross premium income written on Irish risk business.
Entities operating in Ireland on a cross-border basis are obliged to determine the amount of levy contribution they are required to pay and submit the appropriate amount to the Financial Regulator. No levy notices will be issued.
How to calculate your levy
The consumer levy consists of two parts:
- a minimum levy, and
- a variable levy based on gross premium income written on Irish risk business.
For an example of how the current funding year's levy for insurance undertakings in the B6 category was calculated please see the B6 consumer calculation template.
Read more on the annual levying process.