Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017
Markerstudy placed up for sale
- 9 May 2017
Gibraltarian motor insurer Markerstudy is exploring a sale as a tightening of the regulatory regime in the British overseas territory and the change to the Ogden rate put pressure on its model, The Insurance Insider can reveal.
Sources told this publication that a bank has been appointed to advise Markerstudy on its options.
Unrated Markerstudy is among the biggest UK motor insurers in Gibraltar. It employs over 4,000 people and is estimated by sources to write upwards of £500.0mn ($647.8mn)...
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