IRE GVT Property Services Insurance

Published on: Dec 27, 2024

On Dec. 20, IRE GVT issued professional indemnity insurance rules.

  • IRE GVT issued the Property Services (Regulation) Act 2011 (Professional Indemnity Insurance) (Amendment) Regulations 2024 (StIn 699/2024), effective Mar. 2025.
  • Purpose
  • Amend Property Services (Regulation) Act 2011 (Professional Indemnity Insurance) Regulations 2012 (StIn 182/2012) so its provisions align effectively with current market conditions for professional indemnity insurance in property services sector.
  • Effectiveness
  • These regulations are in operation from Mar. 3, 2025.
Regulators
IRE GVT
Entity Types
Corp; Ins; MG Orig
Reference
StIn 699/2024, 12/20/2024; StIn 182/2012; Citation: StIn 699/2024;
Functions
Actuarial and Valuation; Compliance; Financial; Legal; Reporting
Countries
Ireland
Category
State
N/A
Products
Insurance; Insurance-Property; Mortgage
Rule Type
Final
Regions
EMEA
Rule Date
Dec 20, 2024
Effective Date
Mar 3, 2025
Rule ID
238170
Linked to
N/A
Reg. Last Update
Dec 20, 2024
Report Section
EU