XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written...
passporting News
London’s future as a global financial center is uncertain because of Brexit and Britain faces a tough task to secure...
Companies in Britain and the European Union face an extra 58 billion pounds ($80 billion) in annual costs if there...
Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation...
Prime Minister Theresa May defended her decision to rule out so-called “passporting” rights for banks after Brexit, saying Britain could...
More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year,...
The European Union presented the U.K. with a draft divorce deal that Theresa May said no British prime minister could...
The Bank of England will not “go soft” on enforcing European Union capital rules for insurers, but will look at...
British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in...
Britain’s government is ready to push for the kind of Brexit plan for financial services that the City of London...