bs-preloader__icon
ru kz en

Lloyd's head negatively assesses the consequences of Brexit for British insurance

The chief executive officer of the London insurance market Lloyd's Inga Beal in her interview with the BBC commented on the exit strategy of the UK from the European Union, set out in the "white paper" Brexit, ukrstrahovanie.com.ua reports.
Lloyd's head negatively assesses the consequences of Brexit for British insurance

According to Beal, the British government's plans for future cooperation with the EU will help to strengthen the outflow of companies from the UK.

"We will no longer have the right to write business or offer insurance within the EU 27, and this can lead to a weakening of our positions", Beal said. "It's very disappointing, because we are basically 80% of the UK economy."

Lloyd's comment echoes the opinion of other representatives of British financial sector, they do not exclude the negative impact of Brexit on the banks’ and insurers’ activities, and also reduce the payrolls in the country.

The CEO of the Association of British Insurers, Hov Evans, added: "Whatever the result, the insurance industry is too important to become a refuge / ... / this is the worst scenario for our insurance sector, so we will contact the government to discuss a more acceptable option”.

Source: https://www.ukrstrahovanie.com.ua/news/glava-lloyd-s-negativno-otsenivaet-posledstviya-brexit-dlya-britanskogo-strahovaniya

Photos per website: billionnews.ru

Share
read also
The coronavirus year turned out to be good for life insurance industry
The coronavirus year turned out to be good for life insurance industry

According to the National Bank of Kazakhstan, the total volume of insurance premiums ...

COVID has changed the life insurance selling procedure
COVID has changed the life insurance selling procedure

During the period from March to May 2020, the number of “life insurance” queries ...

Is death due to suicide considered an insured event?
Is death due to suicide considered an insured event?

The Centers for Disease Control reports that the suicide rate in the US has increased...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application