The Insurance Companies Regulations 1994
The Insurance Companies Act 1982 (“the Act”), which consolidated the Insurance Companies Acts 1974 and 1981, contains provision for the regulation of insurance companies. The Act incorporates provisions which implemented Council Directives 73/239/EEC (O.J. No. L228, 16.8.73, p.3) and 79/267/EEC (O.J. No. L63, 13.3.79, p.1) relating to non-life and life insurance. It has been amended inter alia by regulations made under section 2(2) of, and paragraph 2(2) of Schedule 2 to, the European Communities Act 1972 (“the 1972 Act”) to implement the provisions of Council Directives 88/357/EEC (O.J. No. L172, 4.7.88, p.1) and 90/619/EEC (O.J. No. L330, 29.11.90, p.50).