Lloyd's plans EU base post Brexit

Lloyd's will establish a subsidiary in Europe should the UK
government fail to secure passporting rights following Brexit.
The Corporation confirmed its contingency plans last week, and
told this publication that work on a branch solution had been put
to one side.
The confirmation followed a report by the Financial
Times that said Lloyd's was choosing from a shortlist of
five locations in which it could set up a new, separately
capitalised European subsidiary.
Lloyd's would then seek regulatory