Morgan Peters, Head of Compliance, Artex Risk Solutions, reports In March, the Gibraltar Financial Services Commission (GFSC) held their 2023 Insurance Industry event, providing an opportunity to update the industry on their prior year thematic reviews, while also setting out…
By Kerris Fryer, Head of Risk, Compliance & Company Secretary, Robus Risk Services 2022 has been a busy year for insurance conduct of business regulators in both Gibraltar and the UK, and subsequently the insurance industry. 2023 seems unlikely to…
David Coupe, one of the best insurance lawyers in the UK, and formerly of EC3 Legal, now runs InsureLaw Gibraltar, which offers straightforward advices for regulated insurance entities. Here he reports on the latest from the UK FCA In December,…
Insurance reciprocity for Gibraltar and the UK By David Coupe, Partner, Insurance and Corporate, at City based Birketts LLP EC3 Legal The Spanish and the French have many things in common: great wine; good food; and fabulous holiday…
The insurance market in the current climate Is the Coronavirus emergency impacting insurers’ solvency? This is the big question that insurance business leaders are looking for clarity on. Dominic Sharp, Head of Actuarial Services and Darren Vinales, Senior Actuary,…
Is your compliance compliant? By Dale Cruz, Partner EY As compliance teams struggle to manage the ongoing workload from the Fourth Money Laundering Directive, how do they ensure their systems are up to scratch? External validation can be a great…
UK motor business still driving ahead Insurers in Gibraltar were last year responsible for an estimated record £5.19bn in premiums, almost all being from UK customers and the annual total is expected to rise significantly with the prospect of…
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…
Newcomers confounding Brexit uncertainty as focus intensifies on solvency compliance Efforts to attract new insurance business are starting to reap dividends with Gibraltar acting as a gateway to the UK, Ray Spencer finds, and the Regulator is focusing on…
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…
