Luxembourg beats Ireland in race for major post-Brexit AIG investment

Sunday Business Post revealed concerns about the Central Bank of Ireland were factor in decision

Pic: Getty

Ireland has lost out to Luxembourg in the race for a major post-Brexit investment from American International Group (AIG), one of the world’s largest insurance companies.

TheSunday Business Post reported in January that concerns about regulations and the responsiveness of the Central Bank of Ireland versus their counterparts in Luxembourg were among the factors causing AIG to favour Luxembourg over Dublin as a new base post the decision by Britain to leave the ...