Brexit has thrown up a lot of uncertainties for many industries and sectors. Within financial services and more specifically insurance, many UK-based insurers are considering their options post-Brexit. This viewpoint reviews the positions taken along with examining the effect of Brexit on the UK’s nearest neighbour and where it shares a land border, the Republic of Ireland. Using data from regulators and industry bodies, this review looks at the effect of Brexit upon the UK insurance sector operating in the EU and also reviews the effect of Brexit on the Irish insurance industry.
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