Hiscox names Luxembourg as post-Brexit hub

Hiscox has announced plans to establish a new European
subsidiary in Luxembourg in response to the UK's exit from the
EU.
In an interim management statement released this morning the
carrier said the process of setting up the hub would begin
immediately, with the restructuring efforts expected to complete
before March 2019, subject to regulatory approvals.
Hiscox said it chose Luxembourg for its "pro-business
position, strong financial services experience and well-respected
regulator", in additi