Insurance Official: EU-U.S. Prudential Negotiations Must Include UK Once Brexit Is Complete
Any future covered agreement ensuring the U.S. insurance and reinsurance industry access to prudential markets in the European Union must include the United Kingdom once the Brexit process is complete, an insurance industry source told Inside U.S. Trade this week. The UK and EU are two of the United States' most important prudential markets, and both should be included in the same agreement to ensure unfettered market access, the source said. Title V of the Dodd-Frank Act already allows...