Liberty Specialty Follows Lead Of Hiscox And AIG By Picking Luxembourg For Its EU Base

Liberty Specialty Follows Lead Of Hiscox And AIG By Picking Luxembourg For Its EU Base

Liberty Specialty Markets, one of the five largest members of Lloyd’s of London, has picked Luxembourg for its EU base according to reports.

Sources told Insurance Insider it had selected Luxembourg, mirroring the selection made by fellow Lloyd’s stalwart Hiscox.

However, Liberty Specialty, which is owned by US giant Liberty Mutual, said it is still examining its options.

A spokesperson for the firm said: “Liberty Specialty Markets is continuing to analyse a number of options, in terms of structure and jurisdiction, in order to be able to offer a company and Lloyd’s solution for trading in and from Europe post-Brexit. We expect to give more information in June but, as yet, no decisions have been taken.” Read More

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