Daily Archives: 03/2019

NRW.INVEST to host roundtable in London on Brexit opportunities for UK insurers and asset managers

NRW.INVEST, the economic development agency of the huge North Rhein Westphalia region of Germany, is to hold a roundtable discussion on the changing investment trends for insurance companies and asset managers in the light of the UK’s departure from the European Union (Brexit) in London on March 11.

UK insurers keen to continue German business still need local base despite BaFin’s potential passporting extension

UK insurers that have customers in Germany will be pleased to hear that the German legislator has passed a measure that allows the financial supervisor – Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) – to adopt a temporary order that will allow insurers to continue to honour contracts in the country in the event of a no-deal Brexit.