Irish regulator lures 5 Brexit applicants

Ireland has received five applications from carriers looking to
establish subsidiaries following the Brexit vote, but has continued
to insist that would-be entrants have a substantive presence.
Sylvia Cronin, who is director of insurance supervision at the
Central Bank of Ireland, revealed the number at a KPMG event a day
after AIG opted for Luxembourg over Dublin and other locations for
its post-Brexit EU subsidiary.
The AIG move supported the perception that stringent Irish
regulatory requirem