Since the referendum on 23 June 2016, there has been a lot of uncertainty in many sectors, but for the UK's insurance and long-term savings industry, the largest in the EU and third largest worldwide, the shockwaves are likely to be felt for some time.
In this whitepaper, Neil Clutterbuck, Chief Underwriting Officer at Allianz considers some of the issues related to exiting the EU that might affect the insurance industry.
Topics covered:
• Passporting: a key issue for underwriters.
• Costs linked to Brexit and maintaining profitability.
• Will there be short-term losses?
• Deal or no deal - how business needs and consumer habits could change.
• Jobs - winners and losers.
• Effects on claims.
• Regulation favours remain.
• Where could EU laws change?
• Consumers need clarity.
• Riding the storm.
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