All Brexit articles
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NewsBasi: Ukraine is the ‘Hurricane Andrew’ of the specialty markets
Industry must brace for profound changes ahead as economies shift away from globalisation after three decades
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NewsUK: Johnson’s exit creates 'policy vacuum'
A more pragmatic approach to the Northern Ireland protocol would lower the risk of a trade war with the EU
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NewsBrexit continues to be a major concern for businesses – Aviva
Its latest Risk Insight Report 2021, published this week, found that 25% of businesses believe Brexit is one of the largest risks they face - company leaders ranked it as the fourth biggest risk on their agenda.
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NewsCOVID masks Brexit impact on UK-EU trade
UK trade with the EU has declined at twice the rate as trade with the rest of the world - Atradius
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NewsBank of England to step up drive to encourage new insurers
Brexit has given Britain a “unique” opportunity to refashion its globally important insurance sector to attract more new entrants without undermining high regulatory standards, the Bank of England said on Tuesday.
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NewsCity of London Brexit hit worse than expected, says study
Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New Financial think tank said on Friday.
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NewsReuters: Brexit won’t mean lower capital buffers for insurers, says Bank of England
A review of the UK’s insurance capital rules will not lead to any “radical departure” or a reduction in requirements, but it will take time to complete, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain’s exit from the European Union has prompted the government to review ...
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NewsCOVID/Brexit dominate UK business risks
Climate change ranked as the number 13 risk faced by UK firms, with just 11% identifying it and extreme weather as one of their top five concerns
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NewsEU may ask too high a price for financial services trade, Bank of England warns
Bailey said between 5,000 and 7,000 financial services jobs had already left Britain for the EU - fewer than some forecasters had feared, though the process was not over.
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NewsLloyd’s Brexit transfer gets final High Court approval
Lloyd’s of London has confirmed that it has received its final approval from the High Court of England and Wales to transfer EEA policies to Lloyd’s Insurance Company SA.
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NewsMPs to buttress post-Brexit Britain as a financial centre
Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month.
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NewsUK regulators will intervene if full Brexit upends markets, says FCA’s Delfas
Regulators are vigilant and ready to intervene if Britain’s full departure from the European Union on Dec. 31 risks creating disorder in markets, Britain’s financial regulator said on Thursday.
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NewsLondon company market premium grows by 10%
Premium income for the London company market grew by 10% last year with £21.436bn of large commercial and wholesale risks underwritten by firms in the City. A new report from the International Underwriting Association’s also shows a further £6.197bn was written in other offices outside of London but overseen and ...
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NewsInsurers expect few clashes between EU and UK over capital rules
Separate reviews in the European Union and Britain of capital requirements for insurers are likely to produce a similar set of rules for cross-border firms, insurers said on Tuesday. Since the capital rules were introduced by the EU in 2016, markets have evolved, with central banks pushing interest rates ...
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News
Time is running out for businesses to get Brexit-ready
With just a few months left of the transition period, risk managers have substantial work to do to get Brexit-ready. A panel of experts at Airmic Fest outline what needs to take top priority for firms.