Brokers puzzled as Markerstudy reports £217.3m loan deadline

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Brokers have reacted with confusion to Markerstudy’s annual report which showed it was seeking funds to repay a £200m+ loan. 

The report for Markerstudy Insurance Services (MISL) showed that £217.3m of its debt was owed to Qatar Re, which bought the Gibraltarian parts of the business in 2016. Total interest due on the loan is forecast to be £24.4m.

Half of the debt, plus interest, must be paid by 1 December this year, with the remainder to be settled by the end of March 2020. The rescheduled

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