Liquidator warns Enterprise may not be able to pay claims

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Calls on policyholders to seek new cover as he is uncertain the business has enough assets to pay claims.

The liquidator dealing with the collapse of Gibraltar-based insurer Enterprise Insurance has warned that the business may not have enough assets to pay claims.

He also recommended that policyholders visit their broker to organise new cover.

The insurer was ordered to stop writing new business by the Gibraltar regulator earlier this week.

Uncertain
Sister title Post reported that Frederick David John White of Grant Thornton, who is overseeing the liquidation, stated: ""Insurance policies issued by

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