Liberty confirms Luxembourg choice for EU hub

Liberty Specialty Markets has confirmed it has picked Luxembourg
for its EU base after Brexit.
The carrier will seek approvals to set up a capitalised insurance
company and insurance intermediary domiciled in the Grand Duchy to
serve the Lloyd's and company market, it said today.
Confirmation of its choice comes after The Insurance
Insiderreported in May that Liberty would select Luxembourg for its
new EU subsidiary.
No jobs are expected to move from London to Luxembourg, with the
carrier...