QBE attempts to reassure investors following Brexit
QBE Insurance Group attempted to calm investors ahead of the opening of the Australian stock exchange this morning with a statement claiming they do not anticipate any material impact on their day to day operations following the UK’s vote to leave the EU.
In the statement QBE described how a "revised approach" would be adopted if the current EU passporting rights enjoyed by UK businesses were to change following the referendum.
QBE said: "The exit
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