IUA press comment on Brexit White Paper

Insurance and Reinsurance, IUA — By on July 12, 2018 at 2:01 PM

Dave Matcham

Viewers can find here below a comment from the International Underwriting Association on the publication of the UK Government’s Brexit White Paper

Dave Matcham, chief executive of the International Underwriting Association, said: “The IUA welcomes publication of the Government’s Brexit White Paper and is pleased that it recognises the importance of making cross border trade in financial services as efficient as possible.

“The proposed economic and regulatory partnership promises significant levels of dialogue and cooperation between EU and UK insurance supervisors. This will be important in establishing a secure and stable trading environment upon which companies and their clients can confidently rely.

“We hope that this proposal will allow for the continued cross-border transaction of both reinsurance and large scale wholesale risks for marine and aviation business and that it forms the basis of an enduring trading relationship.”

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