BoE warns high court of insurance Brexit fallout

The Bank of England

The Bank of England alerted the UK’s High Court to potential disruptions Brexit would bring to the insurance sector earlier this year, minutes from the latest meeting of its Financial Policy Committee have revealed.

A number of insurance policyholders could lose the permission required to collect premiums and pay out on claims on outstanding cross-border insurance contracts following Brexit, the BoE explains in minutes published today (December 5).

While the Prudential Regulation Authority and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: