04-07-2017 14:58 via insuranceinsider.com

Industry seeks Brexit leeway for EU carriers in UK

The (re)insurance industry is lobbying to ensure the 80 or so EU
carriers that underwrite risk in the UK through local branches can
avoid policy disruption after Brexit.
The UK's International Underwriting Association (IUA) has
sought government intervention in the matter, said the
organisation's chairman Malcolm Newman, who is also managing
director of Scor's Emea hub.
The IUA has asked the Treasury to allow the Bank of England to
use emergency provisions under the 2000 Financial Services and
M
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