FM Global chooses Luxembourg for EU base

Property insurance mutual FM Global has picked Luxembourg to house
a new continental European hub after the UK's vote to leave the
European Union last year.
The company has formed a Luxembourg subsidiary, FM Insurance
Europe, to write business in the EU and other countries, according
to its annual report for 2016, which cited the Brexit vote.
"We implemented our contingency plan," the company
said, noting that it "will allow us to continue to deliver
seamless coverage throughout the EU&q...