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Industry calls for urgent action as government publishes no-deal Brexit guidance

Brexit

Experts say contract continuity is key concern as no deal scenario is described as "unthinkable" by the insurance sector.

The Association of British Insurers (ABI) has called for an urgent regulatory deal to address Brexit contract issues, following guidance on a no-deal Brexit scenario published by the government.

The government has committed to introduce a Temporary Permissions Regime (TPR) that will allow EEA firms currently passporting into the UK to continue operating in the UK for up to three years after Brexit, while they apply for full authorisation from UK regulators.

However, the notice from the

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