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£82B At Risk For Insurers Under Cliff-Edge Brexit, FCA Warns

By Najiyya Budaly (May 16, 2018, 1:31 PM BST) -- The Financial Conduct Authority's chief executive warned insurers Wednesday that, unless the U.K. and European Union put safeguards in place for a cliff-edge Brexit, a "sudden and disorderly" end to passporting would put £82 billion ($110 billion) of insurance liabilities at risk....

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