Insurance & Reinsurance Our Role The Insurance Supervision Directorate of the Central Bank of Ireland is responsible for the prudential supervision of insurance and reinsurance undertakings authorised in Ireland. The Insurance Directorate carries out this role by monitoring the risks posed by insurance undertakings and by issuing standards, policies and guidance which insurance undertakings are expected to meet. Insurance Supervision Mission Statement “Protecting consumers through effective supervision that supports the sustainability of the insurance sector” Solvency II The Solvency II regime was fully implemented on 1 January 2016 and applies to the majority of (re)insurance undertakings. Information about requirements under Solvency II legislation is available in this section. Supervision of Non-Solvency II insurance undertakings Register of (Re)insurance Undertakings Our Registers contain the complete list of (re)insurance undertakings authorised to provide (re)insurance in Ireland.