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ABI statement on the EU referendum

The ABI has issued the following statement on the EU referendum.

Huw Evans, ABI Director General said

Huw Evans, ABI Director General

"Whether to remain in a reformed European Union is a vital issue for this country and as the largest insurance and long-term savings market in the EU and a major employer and tax provider, it is important the industry contributes to the debate.

"The UK economy benefits from membership of the EU single market and being part of the world's largest trading block. Membership guarantees the right to do business in 27 other countries on an equal footing. The UK gains from this arrangement; we sell more in insurance & long-term savings products to the rest of the EU than they sell to us.

"As a global insurance centre of excellence, the UK has a major influence in shaping the rules of the EU. And as the undisputed financial services centre of the EU, the whole of the UK is able to benefit from the jobs, tax revenue and economic prosperity this position brings."

CBI business case study: British Insurers and the EU

Blog by ABI Director General, Huw Evans: EU and Pensions: The facts

Blog by ABI Director or Regulation, Hugh Savill: EU and Passporting: The facts

Guest blog by Finance Norway Executive Director, Ellen Bramness Arvidsson: The reality of life outside the EU – a Norwegian perspective

Blog by ABI Director of Regulation, Hugh Savill: EU and Trade: The facts


Last updated 01/07/2016