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Barnabas Hurst-Bannister, chairman of U.K.-based ship insurer The Standard Club's Irish operations, said that the insurer has written around $140 million of premiums in Ireland so far this year, The Irish Times reported. Irish premiums accounted for 45% of the insurer's global premiums this year. The Standard Club launched operations in Ireland earlier this year to serve customers in the European Economic Area as it prepares for Brexit.