Gareat snubs London capacity at Eur2.2bn XoL renewal over Brexit

Berlin terror attack 2016

French terrorism mutual Gareat will not accept UK-domiciled or Lloyd’s Brussels security for participation on its upcoming Eur2.2bn+ XoL 1.1 renewal because of concerns over the UK’s withdrawal from the European Union and implications this might have on future claims collections, The Insurer can reveal.

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