Gibraltar
Markerstudy in takeover discussions with Qatar Re – report
Insurance Insider reveals possible deal for Gibraltar-based insurer.
Bollington's Paul Moors hails "excellent" results for 2016
CEO says 2016 results were "best for some time" after pre-tax profit rose by 54%.
Elite challenged Gibraltar regulator in court
The insurer, which recently stopped writing new business, challenged regulatory interventions by the Gibraltar Financial Services Commission.
Firms' Brexit contingency plans may lead to difficulties, says FCA
CEO Andrew Bailey states firms making plans before knowing the outcome of Brexit negotiations may find themselves in a difficult situation.
Markerstudy's Gary Humphreys on provider's strategy following capital injection
Insurer set to make acquisitions and launch a pay-as-you-go solution.
Elite closes to new business and prepares for "orderly" runoff
Insurer stresses policies already issued remain in force.
Markerstudy moves from deficit to surplus with capital actions
Moves take £109m deficit to £20.6m surplus.
Octagon closes to new business
The Gibraltar-based firm switches from insurer to MGA and insists it is still solvent.
Liquidator reveals Enterprise sold unauthorised business
Report shows 54 brokers, including Autonet, had sold policies underwritten by Enterprise and shows Enterprise had 760,000 live policies when it was ordered to stop writing new business.
Midas replaces Enterprise in new capacity deal
Midas signs a specialist motor capacity deal with Gibraltar-based insurer Mulsanne.
Enterprise deficit up to £96m
Liquidator’s report for Gibraltar court reveals that insolvency level is worse than originally thought.
Gibraltar regulator to investigate "deep and serious" Enterprise concerns
The regulator said it has “reason to believe that it may have been significantly and consistently misled about Enterprise’s true financial position”.
FSCS details how it will compensate Enterprise customers
Motor policies with Enterprise to be terminated by 26 October.
Biba urges Enterprise brokers to provide liquidator with policy details
Biba warned that there was little time for brokers to make alternative arrangements for clients. The provisional liquidator is set to go to the Gibraltarian courts on 26 October.
FSCS warns Enterprise customers to find new cover
The scheme has urged brokers with customers who have Enterprise Insurance motor policies to contact them about new cover.
Enterprise collapse causes concern for brokers
Questions have been raised over how brokers can replace capacity
Enterprise: FSCS says “first obligation to meet live claims”
Regulator says it is looking at a number of options in relation to the collapsed Gibraltar insurer Enterprise.
Liquidator warns Enterprise may not be able to pay claims
Calls on policyholders to seek new cover as he is uncertain the business has enough assets to pay claims.
Enterprise Holdings seeking to build Andeva MGA
Parent company of Enterprise Insurance outlines aims to secure more capacity for Andeva Underwriting.
Enterprise Insurance ordered to stop writing new business
The Gibraltar Financial Services Commission states company is insolvent and that it intends to appoint a liquidator.
Why insurers set up in Gibraltar
Gibraltar is subject to the same rules as everywhere else in Europe. Kathryn Morgan explains why insurers really flock to the British Overseas Territory
Enterprise targets Service Company customers
Insurer looking to snap up motor trade and taxi cover accounts.
FSCS estimates Lemma collapse could cost £25m
The Financial Services Compensation Scheme (FSCS) estimates that the collapse of Gibraltar-based Lemma Europe Insurance Company will cost £25m.
UK General unveils lifestyle excess offering
UK General has moved to broaden its schemes base with the launch of a lifestyle excess product.