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Remarks by Director of Insurance, Seána Cunningham to the UN Environment Programme Global Sustainable Insurance Summit, Dublin.

Seána Cunningham delivers her opening remarks at the UNEP Global Sustainable Insurance Summit in Dublin.

Why this matters

This is a speech by the Central Bank of Ireland's Director of Insurance at an international summit. It articulates regulatory expectations around climate risk, insurance market resilience, and adaptation finance.

Insurance

Vigilance and Resilience - Strengthening Credit Unions in a Changing Landscape - Remarks by Domhnall Cullinan at ILCU Annual Conference

Good morning. Brendan, thank you for the warm introduction. It is a pleasure to join you at the ILCU Internal Audit Services Conference. I also want to thank Barry Harrington for the invitation to address you here today. 1 When I addressed the ILCU Annual Conference last April, I spoke about a time of transformative…

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🇮🇪 CBI Speech Urgency: medium

Inflation, Growth, and Monetary Policy in a Fractured World – Speech by Gabriel Makhlouf Governor, Central Bank of Ireland at MNI Connect

Good morning. Ongoing events in the Middle East are a stark reminder of the challenges policy makers face in a world increasingly characterised by geoeconomic fragmentation. For central banks tasked with preserving price stability, supply shocks pose both analytical and strategic challenges: understanding their…

Why this matters

This speech by the Governor of the Central Bank of Ireland discusses the impact of geopolitical shocks on the economy, inflation, and monetary policy in the Eurozone.

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🇮🇪 CBI News Urgency: high

Quarterly Bulletin No.1 2026: Renewed surge in international energy prices tests domestic economic resilience

Renewed surge in international energy prices tests domestic economic resilience Higher oil and gas prices are expected to lead to lower growth and higher inflation than previously expected. The extent is dependent on the duration of the conflict and the scale of damage to critical infrastructure in the Middle East…

Why this matters

This regulatory update discusses the impact of rising energy prices on the domestic economy, which could have significant implications for financial firms across banking, investment management, and wealth management sectors.

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🇮🇪 CBI News Urgency: high

What the (latest) Middle East conflict means for inflation, growth, and monetary policy in Europe

In his latest blog Governor Gabriel Makhlouf explains that the Governing Council held rates steady at 2 per cent due to new geopolitical uncertainty from Middle East tensions, which risk pushing energy prices and headline inflation above the 2 per cent target whilst dampening growth. The Bank will monitor inflation…

Why this matters

This regulatory update discusses the impact of the Middle East conflict on inflation, growth, and monetary policy in Europe, which is highly relevant for banks, asset managers, and wealth managers in terms of prudential requirements, operational resilience, and ESG considerations.

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🇮🇪 CBI Speech Urgency: medium

Increasing investment sustainably is key for Irish economy - Central Bank of Ireland Deputy Governor Vasileios Madouros

Central Bank of Ireland Deputy Governor Vasileios Madouros spoke at Technological University Dublin on the need to increase domestic investment over the next decade to support Ireland’s long-term economic success. Looking back, Deputy Governor Madouros discussed how, despite very strong economic growth, investment in…

Why this matters

This speech from the Central Bank of Ireland Deputy Governor discusses the need for increased domestic investment in Ireland to support long-term economic success.

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🇮🇪 CBI Speech Urgency: medium

Enabling a decade of higher investment – Speech by Deputy Governor Vasileios Madouros at TU Dublin

Over the course of the next decade, we will need to allocate more of our collective resources towards domestic investment. 1 In part, that is because of where we are coming from. Despite very strong economic growth in recent years, investment in key domestic sectors has been lacklustre. But it is also because of where…

Why this matters

This speech discusses the need for increased investment in Ireland, particularly in public infrastructure, housing, and domestic businesses. It outlines policy considerations around enabling sustainable investment, including fiscal policy, efficiency of investment delivery, fostering business dynamism, and ensuring...

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🇮🇪 CBI Speech Urgency: high

Building economic resilience is not optional - Central Bank of Ireland Governor Gabriel Makhlouf

The Central Bank of Ireland has set out its regulatory and supervisory priorities for 2026 and provided detailed advice to Government on building economic resilience in the face of unprecedented uncertainty. In his letter to the Tánaiste and Minister for Finance Simon Harris, Governor Gabriel Makhlouf set out his…

Why this matters

This regulatory update from the Central Bank of Ireland focuses on building economic resilience and outlines key priorities for the financial sector, including maintaining resilience to geopolitical risks, securing consumer interests, responding to technological changes, and addressing environmental transitions.

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Economics Winter Workshop 2025: Opening Remarks by Governor Gabriel Makhlouf

Economics Winter Workshop 2025: Opening Remarks by Governor Gabriel Makhlouf

Why this matters

This speech by the CBI Governor covers topics relevant to banks, asset managers, and wealth managers, including prudential requirements, operational resilience, and ESG. As an informational speech, the urgency is low.

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“The Year That Was and Will Be”

In this, his final blog for 2025, Governor Gabriel Makhlouf reflects on Ireland and the euro area’s economic performance and looks ahead to 2026, drawing on the Quarterly Bulletin and latest eurosystem staff projections published this week.

Why this matters

This regulatory update discusses the economic performance and outlook for Ireland and the euro area, which is relevant for banking, investment management, and wealth management firms. It covers topics related to prudential requirements, reporting, and ESG/sustainability.

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🇮🇪 CBI News Urgency: medium

Quarterly Bulletin 2025:4 Prudent ambition needed as multinational investment underpins more positive growth outlook

MDD is projected to grow by just below 4 per cent in 2025. From 2026 to 2028, MDD is forecast to grow at an annual average rate of 2.9 per cent per annum. More positive momentum in MNE investment amid lower uncertainty contrasts with slower pace of growth in domestic sectors and cooling of the labour market as drag…

Why this matters

This regulatory update provides a growth outlook for the MDD (Multinational Domestic Demand) sector, which is relevant for banking, investment management, and wealth management firms.

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Economic Resilience: What Next? – Speech by Governor Gabriel Makhlouf at The Royal Irish Academy

Good evening. Thank you for the invitation to join you today. This evening I want to talk about economic resilience, what it is and whether we have enough of it. I spoke about economic resilience in my first speech as Governor – 6 years ago – and wrote to the Minister for Finance about it in early February this year…

Why this matters

This speech by the Governor of the Central Bank of Ireland discusses economic resilience, which is relevant to the banking, investment management, and wealth management sectors.

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Remarks at the Climate Risk and Sustainable Finance Forum – Governor Gabriel Makhlouf

Good morning and welcome everyone. I am delighted to address the eighth meeting of this Forum. When the Forum was established three years ago, the goal was to bring together participants from across Ireland to build a shared approach to understanding and managing the systemic risks that climate change poses, while…

Why this matters

This speech by the Governor of the Central Bank of Ireland discusses the Forum's work on understanding and managing climate-related systemic risks, as well as supporting the transition to net zero.

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🇮🇪 CBI Speech Urgency: medium

The Macrofinancial effects of climate change in Ireland: What have we learned? – Speech by Deputy Governor Vasileios Madouros

Good morning everyone. 1 I am delighted to join you here today for this year’s Climate Finance week. “The scientific evidence that climate change is a serious and urgent issue is […] compelling.” “The benefits of strong, early action on climate change outweigh the costs.” And “the choices made in the next 10-20 years…

Why this matters

This speech discusses the macrofinancial effects of climate change in Ireland, including the progress and challenges in reducing greenhouse gas emissions, the relative costs of action versus inaction, the exposure to rising physical risks, and the management of climate-related risks by the financial sector.

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🇮🇪 CBI Speech Urgency: medium

Central Bank publishes Flood Protection Gap Report

The Central Bank of Ireland has today (Monday 14 October) published its Flood Protection Gap Report . Some homes and businesses in Ireland are unable to obtain flood cover. This means that when a flood occurs, there can be a shortfall between the actual cost of the flood and the portion of that cost that is covered by…

Why this matters

This regulatory update from the Central Bank of Ireland focuses on the flood protection gap, which has implications for the banking, insurance, and consumer credit sectors. It discusses prudential and capital requirements, ESG/sustainability, and reporting/disclosure, making it relevant for a range of financial firms.

BankInsurance
🇮🇪 CBI Enforcement Urgency: medium

Address by Director of Insurance Supervision, Domhnall Cullinan, to the Insurance Ireland-Milliman CRO Forum

I’d like to thank Insurance Ireland and Milliman for inviting me here today for this Chief Risk Officer (CRO) Forum. I’d like to use this opportunity to briefly reflect on the recent turmoil we’ve seen in the banking sector, what this might mean for (re)insurers, and to highlight some of our supervisory priorities…

Compliance Deadline: 17 January 2025
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🇮🇪 CBI Enforcement Urgency: medium

Opening remarks at the 2020 Insurance Industry Briefing - Domhnall Cullinan, Director of Insurance Supervision

Opening remarks at the 2020 Insurance Industry Briefing Good morning everyone. I would like to thank you for attending today’s industry briefing. In my remarks this morning, I will take this opportunity to touch on: the role that insurance can play in society; some of the reasons why the industry in Ireland is…

Compliance Deadline: 31 March 2022
Insurance