Markerstudy placed up for sale

Gibraltarian motor insurer Markerstudy is exploring a sale as a
tightening of the regulatory regime in the British overseas
territory and the change to the Ogden rate put pressure on its
model, The Insurance Insider can reveal.
Sources told this publication that a bank has been appointed to
advise Markerstudy on its options.
Unrated Markerstudy is among the biggest UK motor insurers in
Gibraltar. It employs over 4,000 people and is estimated by sources
to write upwards of £500.0mn ($647.8m