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Gibraltar’s appeal as an insurance hub threatened by new regulation strategy

Rock of Gibraltar

Gibraltarian insurers have refused to link increases in regulatory scrutiny with the recent collapse of three insurers in the British territory, amid concerns that increased oversight could lead to Gibraltar becoming a less appealing base for business.

The Gibraltar Financial Services Commission is weighing up new rules that would allow it to assess the capital adequacy of insurers using reinsurers from outside of the European Economic Area on a

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