CBI checklist hoped to streamline Irish captive application process

The new checklist for ‘Completing and Submitting (Re)Insurance Authorisation Applications’ together with the ‘Updated Guidance on Completing and Submitting (Re)Insurance Authorisation Applications’ issued by the Central Bank Ireland (CBI) are both likely to speed up the process for licensing new captives in Ireland.

With the new checklist, the CBI has consolidated its five checklists for the authorisation of insurance companies, including captives, into one document.