Macquarie: Brexit would have limited US P&C impact

A decision by the UK public to leave the European Union would have
a limited impact on US P&C (re)insurance stocks, according to
Macquarie Capital.
Equity analyst Amit Kumar highlighted XL Group, American
International Group, Validus and Aspen as the US-listed companies
with the largest capacity at Lloyd's and therefore among the
most exposed to the result of the EU referendum taking place
tomorrow (23 June).
Kumar said he believed a UK exit would not create any meaningful
disruption for...