QBE chooses Brussels for post-Brexit EU base

Brexit

QBE is set to create a new subsidiary in Belgium to preserve its ability to operate across the European Union after Brexit.

The insurer stated that its Brussels office would provide certainty in the event of a loss of passporting rights due to Britain leaving the EU.

Richard Pryce, chief executive officer of QBE European Operations, said: “Our priority is providing certainty for our customers and staff, and our decision to set up a legal entity in Belgium ensures we can provide continuity of

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