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U.K.'s exit from E.U. to significantly hit major insurers: A.M. Best

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A.M. Best Co. Inc. has said that Britain's decision to leave the European Union could significantly hit major insurers, reported The Royal Gazette.

The rating agency "notes that the financial market volatility could have a material impact on insurers' half year and balance sheets, with most companies reporting their positions as at June 30."

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