ARTICLE · 22 MAY 1999

Insurance in Gibraltar

Government of Gibraltar

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BENEFITS OF A GIBRALTAR INSURER

Gibraltar's laws are ideal for the establishment of an insurance company. It is within the EU and has fully implemented EU directives on insurance making it possible for Gibraltar to establish not only captive insurance companies but also direct insurance companies which can write business directly into any EU Member State.

SUPERVISION AND REGULATION

Gibraltar's financial services are regulated by the Financial Services Commission established pursuant to the Financial Services Ordinance in accordance with EU requirements. The Commission, and in particular the Insurance Superviser, supervises insurance business.

The Commission has made it clear its intention to encourage the establishment of reputable insurance companies in Gibraltar.

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