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ISOLAS
On Monday 13th March 2023 the Supreme Court of Gibraltar discharged the Administration Order over Prometheus Insurance Company Limited and placed it into liquidation.
ISOLAS
HM Government of Gibraltar has published the Financial Services (Insurance) (Miscellaneous Amendments) Regulations 2020, which came into force on the 26th November 2020.
Hassans
The Government of Gibraltar yesterday published legislation that permit EEA (non-UK) insurers, on the basis of a unilateral policy decision and regardless of loss of EU passporting rights...
ISOLAS
HM Government of Gibraltar has introduced the Financial Services (Specified EEA Insurers) (Temporary Exemption) Regulations 2020.
ISOLAS
ISOLAS LLP Partner, Christian Caetano, has once again contributed the Gibraltar Insurance Chapter to Thomson Reuters Regulatory Intelligence
ISOLAS
There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.
ISOLAS
Many use cases ideas have been proposed for DLT, and some experiments and feasibility studies have been carried out.
Hassans
For well over a year I have been exploring the post-Brexit options for companies based in Gibraltar that cannot continue to do business from Gibraltar after the UK's exit from the EU.
Hassans
The European Commission last week published a notice to stakeholders on the UK's (and consequently Gibraltar's) withdrawal from the EU and EU rules in the field of insurance and reinsurance.
Hassans
Here are a few thoughts on the Gibraltar insurance market as we push into 2018. Hope readers find it interesting and if you have any questions please do let me know.
ISOLAS
‘It is the intention of the UK Government to preserve financial services market access for Gibraltar into the UK.' This was the first part of a response given last month in the House of Commons by Stephen Barclay, Economic Secretary ...
Hassans
Historically, 'cell companies' under the statutory regime for Protected Cell Companies have been used primarily for first party (captive-type) business.
ISOLAS
In recent times the use of technology in the provision of financial services has become well established, with the likes of crowdfunding platforms and 'Peer-to-Peer' (P2P) lenders already considered fairly mainstream.
ISOLAS
Despite the notable uncertainty concerning the United Kingdom and Gibraltar's future trading relationship with the European Union, there are a number of upcoming developments which the Gibraltar insurance industry and its stakeholders should be monitoring.
Hassans
Throughout the ages humans have felt a compelling need to record information about themselves or the world around them.
Hassans
Insurance business in the US has historically been more advanced in the field of risk pricing than Continental Europe.
Worldwide
Hassans
Each month we will be meeting with lawyers from around the firm to provide a series of industry perspectives in relation to current affairs.
Hassans
PCC legislation was first enacted in Guernsey in 1996. This was primarily to encourage growth of the captive insurance industry.
Hassans
On the 15 June 2016, Nigel Feetham, partner of Hassans, published an article on a judgment concerning PCC cells recently handed down by the Courts of Guernsey.
Hassans
I have previously written about the Montana Federal Court judgment concerning a reinsurance dispute between a protected cell company (PCC) and it's reinsured.
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