EU insurance watchdog seeks to avoid Brexit no-deal disruption
Share:
LONDON (Reuters) - Policies bought by European Union customers from British insurers would still be valid if the UK crashes out of the bloc next month with no deal, the EU's insurance watchdog said on Tuesday.The European Insurance and Occupational Pensions Authority (EIOPA) published recommendations for national insurance watchdogs on how to treat policies that EU customers have bought from UK-based insurers.The Bank of England has warned that "contract continuity" problems could arise, such as..