IUA warns job losses ‘highly likely’ if Brexit camp wins
Job losses among the 34,000 people employed directly in the city’s commercial insurance sector, and thousands more indirectly, are likely if the UK votes to leave the European Union, according to industry bodies.
A position paper released on 3 June by the International Underwriting Association of London, Lloyds and Fidelis Insurance says there is "a real and obvious concern from across the sector that a
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