Insurance

Gibraltar’s insurance sector over the past twenty-five years

As part of the 25 years celebrations, we look back at the insurance industry over the same period, by David Coupe, InsureLaw and Yvonne Chu, Hassans International Law Firm Gibraltar’s insurance sector was in its infancy. The regulatory framework was…

An insight into the recent GFSC updates for the Insurance Industry

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…

Is conduct the new boss?

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…

Insurance reciprocity for Gibraltar and the UK

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

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?

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

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

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…