For the Lloyd’s insurers the near term trading impact of Brexit will be small, although clearly there will be FX and investment yield implications. Fundamentally it will be business as usual. The medium term issue will be the ease of trading in the EU (passporting), the attraction of Lloyd’s/London as an EU hub (with M&A implications) and economic uncertainty. Insurance demand driven by economies, legal requirements and loss activity so any negative impact to economic activity
27 Jun 2016
Dusting down the passport
Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0 | Beazley Plc (BEZ:LON), 658
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Dusting down the passport
Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0 | Beazley Plc (BEZ:LON), 658
- Published:
27 Jun 2016 -
Author:
Joanna Parsons -
Pages:
3
For the Lloyd’s insurers the near term trading impact of Brexit will be small, although clearly there will be FX and investment yield implications. Fundamentally it will be business as usual. The medium term issue will be the ease of trading in the EU (passporting), the attraction of Lloyd’s/London as an EU hub (with M&A implications) and economic uncertainty. Insurance demand driven by economies, legal requirements and loss activity so any negative impact to economic activity