27-06-2016 11:51 via insuranceinsider.com

QBE prepared to renew EU premiums outside UK

Sydney-headquartered carrier QBE Insurance Group today (27 June)
warned it may ultimately need to renew some £500mn ($683mn) of
(re)insurance premium currently sourced from EU member countries
outside the UK if passporting rules are not preserved.
Following the UK's decision to leave the EU in a referendum
last week, there is still substantial uncertainty around whether
the country will still be able to passport its services to the EU
post-Brexit.
Should EU passporting rules not be preserv
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