The Life and General Insurance Supervision Divisions of the Central Bank of Ireland are responsible for the regulation and supervision of Head Offices of Life Insurance undertakings authorised in Ireland.
The Central Bank of Ireland has additional responsibilities in relation to:
- Branch establishments of European Economic Area (EEA) authorised Life Insurance undertakings
- EEA authorised Life Insurance undertakings conducting business by way of services
- Third country branch establishments
For information on the different types of Life Insurance and the various classes visit our FAQ for the life insurance sector.
About Life Insurance
In general, a life insurance policy pays an amount of money if you die during the time limit set out in the policy.
There are other types of life insurance available that provide a lump sum or an ongoing income if you become seriously ill or unable to work because of injury, illness or disability.
Life insurance also covers certain investments and pensions.
There are approximately 70 Life Insurance undertakings (including branches of overseas life undertakings) operating in Ireland.
Detailed statistical information on the Life Insurance market is published annually.
Download the Insurance Statistics 2010.
View the Registers section of the website for a complete list of life insurance undertakings authorised to conduct business in Ireland.