Powered by
Wary of ‘Brexit,’ A.I.G. to Open Insurer in Luxembourg

LONDON — The American International Group said on Wednesday that it planned to open an insurance company in Luxembourg within two years to assure that it can serve European clients after Britain leaves the European Union.

London has been a European beachhead for many financial companies, particularly those from the United States, to serve clients in Europe.

But last June, Britons voted to leave the European Union, a decision that could force companies to move operations to a countr

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox
Related News Feeds

Mentioned Entities

See how you can reach these people and organizations