AIG sets up “Brexit-resilient” structure
AIG has authorised two entities, one in the UK and one in Luxembourg, ahead of the UK leaving the European Union.
AIG (American International Group) has created two entities in the UK and in Luxembourg in order to provide uninterrupted UK and European insurance coverage following the UK’s exit from the EU.
The provider previously announced it would base European operations in Luxembourg.
According to the insurer the move is part of AIG’s planned restructure of its European business. It further detailed that AIG Europe began active preparation to be Brexit-resilient in 2015.
Transfer
The restructure
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