Brexit threatens billions in premiums: IUA

Over £7bn of premium could be affected by Brexit, the
International Underwriting Association (IUA) has estimated.
The London company market booked a 2.9 percent increase in gross
written premium to £22.72bn ($29.96bn) last year.
An estimated £16bn of premium was written by London-based
company market underwriters, with £6.7bn written by branches
outside London and managed by EC3 insurers, the IUA said.
The IUA attributed the growth to an increase in internationally
writte