QBE chooses Brussels for post-Brexit EU base
Insurer to expand its current Brussels branch.
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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