Gibraltar
Gibraltar regulator concludes De Vert director investigation
The Gibraltar Financial Services Commission has closed the investigation on the conduct of two directors at failed insurer De Vert, barring them from additional directorships and acting as sole decision makers on underwriting.
Europe: A Rock and a hard place
The row between Spain and Britain over Gibraltar may have put insurance firms in the country in an unenviable position. Mark Sands explains.
Spain dispute designed to distract says Gibraltar
The Spanish government is using a diplomatic row with the UK and Gibraltar to distract from internal problems, according to Gibraltar finance minister Albert Isola.
Spain tensions designed to distract says Gibraltar government
The Spanish government is using a diplomatic row with the UK and Gibraltar to distract from its own internal problems, according to Gibraltar finance minister Albert Isola.
Brightside dismisses Markerstudy offer
Brightside directors have said they see no need in proceeding with offer discussions with Markerstudy after the Gibraltar-based motor insurer reduced its offer by at least 5p per share.
Month extension for Markerstudy’s Brightside bid
The deadline for a bid by Gibraltar-based motor insurer Markerstudy to take over Brightside has been extended to 10 September, a statement to the London Stock Exchange has confirmed.
Failed Lemma could cost UK compensation scheme £25m
The UK's Financial Services Compensation Scheme is expecting to pay-out around £25m in claims related to failed Gibraltar-based insurer Lemma.
Former Hill director Quinn receives three-year ban
Former director of Hill Insurance Company, Elisabeth Quinn, has been banned from holding executive director positions with any firm licensed by Gibraltar’s Financial Services Commission for three years.
Hill director receives three-year ban
Former director of Hill Insurance Company, Elisabeth Quinn, has been banned from holding executive director positions with any firm licensed by Gibraltar’s Financial Services Commission for three years.
Lemma claims could cost FSCS £25m
The UK Financial Services Compensation Scheme expects to pay-out around £25m in claims related to failed Gibraltar-based insurer Lemma.
UK General Insurance launches lifestyle product with Gibraltar-based company
UK General Insurance has launched a lifestyle excess product in partnership with Gibraltar-based insurer Enterprise Insurance Company.
Top 5 European stories
The top five European stories on www.insuranceinsight.com over the past seven days.
Q&A with Michael Ashton
Six months after joining the Gibraltar government as senior executive for insurance, Michael Ashton speaks to Insurance Insight about the main attractions of the British overseas territory, growth potential and the stigma of insurer collapses.
Gibraltar finance exec insists it has no reputational issues after recent failures
The regulation of Gibraltar’s insurance sector is “strong and robust” according to Mike Ashton, senior executive in the government's finance department.
Gibraltar "not complacent” about insurer collapses
The regulation of Gibraltar’s insurance sector is “strong and robust” according to Mike Ashton, senior executive in the government's finance department.
Gibraltar's insurers reap benefits of UK's growing motor market
Gibraltar’s motor insurance market is projected to achieve a compound annual growth rate of 14.1% towards 2017, according to research firm Timetric.
Passporting: Border control
Will the recent Balva scandal have any bearing on the future of European passporting rights. Francesca Nyman investigates.
Head of Gibraltar's FSC departs
Marcus Killick, chief executive officer of Gibraltar’s Financial Services Commission has resigned from his position to pursue a career in the private sector.
‘Worrying trend’ for over-regulation making UK market less competitive
Rising regulatory costs are becoming a financial burden the UK’s insurance market can ill afford in the face of international competition, Lloyd’s finance director Luke Savage has warned.
Credit Hire: Co-operation not combat
With concerns over credit hire at an all-time high after the collapse of Drive Assist, what is the future for credit hire organisations, and can they ever truly make peace with insurers?
PWC pair named De Vert provisional liquidators
Shuttered Gibraltan insurance company De Vert has today seen two PWC managers appointed as joint provisional liquidators.
Markerstudy CUO: Brightside stake "non-aggressive"
Markerstudy took a 9% stake in Brightside in a bit to protect its capacity investment and ward off buyouts according to the motor insurer’s chief underwriting officer.
Markerstudy picks up 9% Brightside stake
Gibraltar-based motor insurer Markerstudy has acquired a 9.3% stake in Brightside, including the shares of former chief executive and co-founder Arron Banks.
Lemma Insurance Europe policies disclaimed
The Supreme Court of Gibraltar has passed an order winding up Lemma Insurance Europe and appointing Frederick White, of Grant Thornton, as liquidator.