Another insurer hits the rocks in Gibraltar

After the collapse of Enterprise Insurance, 14,000 policyholders are yet again left wondering who will pay the price

Gibraltar-based insurance firms have been causing concern at the Central Bank Pic: Getty
Ireland's Central Bank on Dame Street in Dublin Pic: Feargal Ward

Yet another insurance failure. This time, 14,000 policyholders are left in the lurch wondering just who will pay out after the collapse of Enterprise Insurance Company, a Gibraltar-registered entity that many customers didn’t even know was backing their policies.

After the spectacular collapse of Setanta Insurance, ...