Brexit breathes life into Luxembourg insurance sector
Posted On: Aug. 7, 2019 5:59 AM CST
Second quarter nonlife insurance premiums grew nearly 211% Luxembourg, driven by an increase in the number of insurers that have selected the country as their European base due to Brexit, Delano reported. Total premiums rose by around 54%. Insurers operating primarily in Luxembourg recorded a 6.10% increase in premiums.