Historically, 'cell companies' under the statutory regime for Protected Cell Companies have been used primarily for first party (captive-type) business.

There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.

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.

Regular readers may remember that in past articles, I have written about several aspects of the insurance industry.

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.

I have previously written about the Montana Federal Court judgment concerning a reinsurance dispute between a protected cell company (PCC) and it's reinsured.