Insurance experts warn on Brexit deal

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ABI says insurance sector must not become a rule taker under future relationship with EU.

Insurance experts have highlighted concerns around “equivalence” and a potential loss of passporting rights in their initial responses to the news of a Brexit deal for the UK.

The terms of the deal, which would still need to be approved by Parliament, were published yesterday (14 November) and as the specialists plough their way through the 585 pages the responses were wrapped in caveats.

Serious
Christopher Croft, chief executive of the London and International Insurance Brokers’ Association

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