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U.K. P&I Club to set up Brexit-unit in Rotterdam


Ship insurer U.K. P&I Club plans to set up a subsidiary in the Dutch port city of Rotterdam to maintain access to the European Union post Brexit, Reuters reported. Andrew Taylor, chief executive of U.K. P&I Club, said that Thomas Miller and Co. Ltd., the insurer's manager, is also setting up a subsidiary in Rotterdam. The EU accounts for about 25% of U.K. P&I Club's operations.

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