Stemming the industry flow to Gibraltar
The current flow of business to Gibraltar is worrying for the UK market and the issues causing it must be addressed
I have often written about legislators and regulators passing laws and making rules without thinking through the potential consequences.
And it seems another example of such cause and unintended effect is concerning UK insurers and brokers.
The migration of books of personal lines business from Lloyd's to Gibraltar is what many warned against when they spoke of the potential dangers of excessive costs of regulation by the Financial Services Authority. John Greenway, chairman of the All Party
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