Brexit hampering insurers' growth prospects: Report
Posted On: Jul. 3, 2018 6:52 AM CSTA report by U.K.-based consultancy firm PricewaterhouseCoopers International Ltd. and the Confederation of British Industry found that Brexit-related uncertainty is hampering local insurers' growth prospects, Independent reported. The report said that general insurers' business grew at a “fairly tepid” pace. The report added that financial firms' top concerns are location planning, people movements and client retention despite the extra time afforded by the transition period.