Ireland urged to ‘draw lessons’ from Lloyd’s Brussels decision

dublin

Insurance Ireland has called for a government review into the country’s viability as a base for UK insurers post-Brexit. The announcement follows reports that the Lloyd’s Franchise Board has selected Brussels as the location of the body’s European Union subsidiary. Insurance Ireland said “it is prudent and timely to draw lessons” from the decision, as well as AIG Europe’s choice of Luxembourg for its EU base. Kevin Thompson, CEO of Insurance Ireland said: “There are many competing jurisdic