Insurance unicorn Wefox warns investors of insolvency risk

The European insurer, which has nearly 3m customers and was valued at $4.5bn (£3.6bn) less than two years ago, has told shareholders its holding company faces being insolvent by the summer, Sky News learns.

Related Keywords

United Kingdom ,London ,City Of ,Italy ,Germany ,Poland ,Switzerland ,Canada ,Italian ,British ,Abu Dhabi ,Mark Hartigan ,Julian Teickle ,Jp Morgan ,Barclays ,Sky News ,United Kingdom Based ,Omers Ventures ,Target Global ,Chrysalis Investments ,