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Brexit breathes life into Luxembourg insurance sector

Posted On: Aug. 7, 2019 5:59 AM CST

Luxembourg Brexit

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.

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