Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Friday, January 19, 2018

Lloyd’s of London could become the first economic victim of Brexit


The Financial Times in its publication called the oldest insurance market in the world Lloyd’s of London possible the first economic victim of a British exit from the EU. Due process Brexit insurers will have to review deals with almost all key partners in Europe. In order for the transaction subject to regulatory requirements of the EU, British insurers will likely have to transfer at least part of the operations from London outside the country.

Last week, Brussels said that because of the UK out of the EU she will lose the right of direct access to EU markets, and earlier it was one of the advantages of Lloyd’s of London, 11% of insurance premiums of which goes to EU countries.

Britain out of the EU after the referendum. Chronicle of events

Related posts:
"What distinguishes the current crisis from the crisis of 1998"
The state Duma will take collectors baseball bat
The growth of SEL depends on the technology that Russia has no
Prime Minister of Belarus told about it has agreed with Russia on oil

Recommended

More Stories From Economy