Gibraltar
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.
Casualty & General opens first office in London
Gibraltar-based liability cover specialist Casualty & General Insurance Company (Europe) has opened a representative office in London as part of plans to grow its business in the UK, particularly its casualty account.
MEPs on the front foot as Prudential sparks fear of mass insurer exodus
Solvency II concerns in the spotlight after UK giant linked with Hong Kong move
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
Solvency poll results
Will Solvency II cause captives to re domicile?
Ex-Direct Line boss to chair A&A group after PE-backed MBO
Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.
Insurance head Chris Collins passes away
Retired Gibraltar Financial Services Commission boss Chris Collins has passed away after a short illness.
Elite opens offices in France and Italy
Specialist legal and after-the-event insurer Elite is expanding its footprint in Europe by opening two new offices.
Review of the year - Lloyd's & London Market: The costliest year ever?
The first half of 2011 saw an unprecedented number of catastrophic events, so how has Lloyd’s and the London market coped?