Category: Insurance

Brexit: An update of the issues

Brexit: An update of the issues  By Steve Quinn, Managing Director, Artex Risk Solutions (Gibraltar) Limited The biggest danger following the United Kingdom (UK) and Gibraltar’s departure from the European Union (EU) for any insurance company or intermediary is a…

Surprise insurance sector growth extends appeal

Surprise insurance sector growth extends appeal Two life insurance companies, including a large international entity, are planning to begin operations in Gibraltar, projecting this aspect of the insurance business within the jurisdiction from “tiny” to “significant”, it can be revealed…

Insurance Sector Challenges in 2016

  Insurance Sector Challenges in 2016   By Steve Quinn, Chief Executive Officer, Quest Insurance Management (Gibraltar) Limited   When I was given the opportunity to submit an article to Gibraltar International last year I listed several issues as representing…

The changing face of insurance in Gibraltar

The insurance industry in Gibraltar has grown rapidly in recent years and is now entering its period of maturing adolescence, where it starts to discover some of the more difficult aspects of life as well as attractive opportunities that exist…

Insurance Industry

Change, Challenges and Opportunities for the Gibraltar Insurance Industry By Derren Vincent, Executive Director, Willis Management (Gibraltar) Limited As part of the preparatory  phase for the new  ‘Solvency II’ regulatory regime effective on 1st January 2016, insurers were required to…

New players moving in on EU catastrophe cover

Gibraltar’s bid to capture a significant share of the expanding $US 7.5bn a year world market in Insurance Linked Securities (ILS) has been given a real boost, with news that a stock exchange is to be established and the arrival…

Motor rates to harden amid insurer woes

The UK personal motor market returned to underwriting profitability in 2013 for the first time in at least a decade, but this position is deemed unsustainable without price increases writes Saxon East and Ben Dyson from the Insurance Times Personal…

Insurance growth looking to cover Europe

Diversification of Gibraltar’s insurance industry, with an emphasis on European expansion, forms part of an ambitious plan to further grow the sector as a major constituent of the jurisdiction’s finance centre Gibraltar’s insurance sector has seen huge success in recent…