Gibraltar
‘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.
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.
Interview: Bill Dewsall - It's a long way to the top
Bill Dewsall's atypical route to a major insurance role saw him leave professional cricket and drumming behind but, as he plots continued growth over the next three years, the Gable CEO can have no regrets about deciding to get a 'real job'.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Gibraltar government recruits former Ace chief
Michael Ashton, formerly chief executive of Ace global markets, has been hired as senior executive of Gibraltar's Ministry of Financial Services' finance centre department.
Former Ace COO becomes Gibraltar's new insurance chief
The Government of Gibraltar has hired the former chief operating officer of Ace Global markets to lead insurance business development on the island.
Broker acquisition to raise Markerstudy retail GWP by £35m
A completed deal for Markerstudy to acquire Insurance Choice will raise the former's retail gross written premiums by almost half.
Markerstudy completes broker purchase
Gibraltar motor insurer Markerstudy has completed a deal to acquire Insurance Choice.
Markerstudy due to complete twin acquistions
Gibraltan underwriter Markerstudy is hoping to complete two purchases by the start of December.
Top five European stories
The top five stories from www.insuranceinsight.com over the past seven days.
UK FSCS in talks over Lemma liquidation
The Financial Services Compensation Scheme is stepping in to help customers of Lemma Europe Insurance Company Ltd after declaring the firm in default.
Deloitte appointed provisional Hill liquidator
Hill Insurance has seen Deloitte appointed as a provisional liquidator following withdrawal of approvals by the Gibraltar regulator.
Hill Insurance enters administration following 'external fraud'
Hot on the heels of the news that Lemma Insurance faces liquidation, it has emerged that a second Gibraltar-domiciled firm is entering administration.
Second Gibraltar firm follows Lemma into administration
Hill Insurance is seeking the appointment of a provisional liquidator following a "serious external fraud".
Lemma faces liquidation after deterioration in finances
The Gibraltar Financial Services Commission has confirmed that Lemma Insurance Company has gone into liquidation.
Grant Thornton appointed as Gibraltar insurer Lemma goes into liquidation
Lemma Insurance Company has gone into liquidation, the Gibraltar Financial Services Commission has confirmed.
Lemma Insurance to be appointed with liquidator tomorrow
Gibraltar-based Lemma Insurance Company is expected to be appointed with a provisional liquidator tomorrow to wind up the business.
Former HSBC Insurance duo poised for £50m drive with motor start-up
A new motor start-up, fronted by a duo of former HSBC Insurance UK executives, has been tipped to make a major play for the broker market in the second half of the year, underwriting up to £50m of business by the beginning of 2013.
Broker demand persuades Casualty & General to rebrand as CGICE
Casualty & General Insurance Company (Europe), the Gibraltar-based specialist in liability cover, has rebranded as CGICE after broker calls.