Gibraltar News

Cross-Border Workers in Gibraltar to Retain Free Movement with Spain After Brexit

MADRID – Cross-border workers who commute between Gibraltar and Spain will be exempt from border controls after Brexit even if no agreement on free movement is reached with Britain, Spanish Foreign Minister Arancha Gonzalez Laya said on Monday. Madrid and …

Spanish Mayor Offers Gibraltar’s Insurers a Solution for Post-Brexit Access to EU

A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year. Juan Franco of La Linea on the southern tip of the …

Run-Off Specialist Armour Group Acquires Gibraltar’s Elite Insurance

Run-off specialist Armour Group Ltd. has led a group of investors to acquire Gibraltar-based Elite Insurance Co. Ltd. (EIC) and its affiliate Elite Business Development Ltd. (EBD). The financial details of the transaction were not disclosed. Collectively, EIC & EBD …

Gibraltar Introduces License for Fintech Firms Using Blockchain

Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT) from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit. The …

Insurance Hub Gibraltar Plans for End of EU Passporting After Brexit

Gibraltar is preparing for a post-Brexit setup in which its firms will have no longer access to the European Union market but will maintain a preferential relationship with Britain, a top Gibraltar financial official said on Tuesday. The tiny British …

Gibraltar Weighs Post-Brexit Reinvention if UK Loses Passporting Rights

Gibraltar, a rocky British enclave on Spain’s southern tip that has positioned itself as a springboard for finance to the European Union, may have to reinvent itself after Britain voted to split from the bloc. Fund managers and insurers have …

Gallagher’s Artex Acquires Quest Holdings (Gibraltar), Expanding Europe Foothold

Bermuda-based Artex Risk Solutions* announced that it has acquired Quest Holdings (Gibraltar) Ltd., the largest insurance manager in Gibraltar. Founded in 2004, Quest specializes in providing services to insurance companies in Gibraltar, which provided the ability to operate throughout the …