Insurance firms get serious on post-Brexit plans
8 key points from Central Bank's latest financial review
The Central Bank has said an increasing number of insurance firms are seeking authorisation to locate their European headquarters in Ireland in the wake of Brexit, which could see British-based financial firms lose “passporting” rights which allow them to do business across the European single market.
The comments came in the bank’s second Macro Financial Review of 2016, which provides an overview of the financial environment in Ireland.
The Central Bank’s director...
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