Markerstudy discloses actions on £109mn capital shortfall
Gibraltar-based motor insurance specialist Markerstudy ran a
£109.0mn ($141.2mn) solvency capital ratio (SCR) deficit in
2016, prompting the insurer to take action to cover the shortfall.In the company's solvency and financial condition report
released Friday it revealed the gap in its finances was covered by
a £35mn capital injection as well as a £92mn
capitalisation of inter-group loans and a further £2.6mn boost
from actions related to a group restructure.
The actions
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