Insurance company XL Group will move its European headquarters to Dublin next year, following the UK's vote to leave the EU. The parent company of XL Catlin announced it will make the move once it gains the necessary regulatory approvals, in order to allow its customers to continue having access to its European branch network. Other insurance companies are also relocating from the UK in anticipation of Brexit, with Chubb moving to Brussels and FM Global to Luxembourg. Lloyd's of London is meanwhile opening a subsidiary in France.
Insurance company XL Group will move its European headquarters to Dublin next year, following the UK's vote to leave the EU. The parent company of XL Catlin announced it will make the move once it gains the necessary regulatory approvals, in order to allow its customers to continue having access to its European branch network. Other insurance companies are also relocating from the UK in anticipation of Brexit, with Chubb moving to France and FM Global to Luxembourg. Lloyd's of London is meanwhile opening a subsidiary in Brussels.