Industry will have time to deal with business implications of Brexit
Market commentators are divided over whether it is too early to start contingency planning ahead of the planned referendum on the UK's membership of the European Union, despite a senior Lloyd's official warning the sector to be prepared for all possible outcomes.
In a 10 February lecture, Lloyd's chief risk officer and general counsel Sean McGovern said, given the uncertainty surrounding a potential 'Brexit' businesses need to be prepared for all possible
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