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The ABI's reaction to the Government's Draft Withdrawal Agreement on Brexit

In response to the Government’s Draft Withdrawal Agreement, published this evening, please see below for the Association of British Insurers’ reaction.

Huw Evans, Director General of the Association of British Insurers, commented:

“It is vital for our industry’s customers that we have an orderly withdrawal process and transition period and any progress towards that is welcome. Regulatory co-operation is very important and must follow from any political agreement. 

“The crucial longer-term test is whether our future relationship with the European Union avoids our world-leading insurance & long-term savings sector becoming a rule-taker. The publications today begin a process of establishing what that relationship is but it is far too early to judge whether we will be able to avoid that fate.” 

 


Last updated 14/11/2018