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Government launches UK insurance growth plan

As the government launches the UK insurance growth plan, Huw Evans, Deputy Director General, Association of British Insurers said:

"The Insurance Growth Action Plan demonstrates how important the UK insurance industry is to the economy and wider society and how working in partnership with government can be positive for both. We welcome the government's commitment to support UK insurers' expansion into overseas markets, and also to help attract companies to base themselves in the UK.

Increased certainty on Solvency II has already paid off with insurers committing to invest £25 billion in UK infrastructure projects over the next five years demonstrating again how crucial a thriving insurance market is to the economic health of the UK."

Last updated 01/07/2016