single passport News

Future of London Market Threatened by ‘Brexit’, Warn Market Leaders

Brexit poses a grave threat to London’s insurance jobs and businesses, according to the International Underwriting Association of London (IUA), Lloyds, and Richard Brindle, group chief executive officer of Fidelis. In a position paper published today, these market leaders warned …

London Company Market Concerned About Loss of Single Passport if UK Exits EU

Membership of the European Union provides insurers with substantial benefits and London Market companies would be significantly damaged if they were lost, according to the International Underwriting Association (IUA). “The EU financial services passport allows firms based in London to …

Factbox: An Overview of Effects of ‘Brexit’ on UK Financial Services

Britain, Europe’s biggest financial center, votes on June 23 on whether to leave the European Union. The country’s banking and fund management industries are among those that could lose most from a so-called Brexit, many analysts have said, though much …