LONDON, June 6 UK insurer Chesnara said
on Tuesday it could move its headquarters to the Netherlands or
Sweden if required, depending on the regulatory situation after
Britain leaves the European Union.
“Chesnara already has two insurance companies in the
Netherlands and one in Sweden so could move its headquarters to
either of these locations, depending on the regulatory
environment in post-Brexit," a Chesnara spokesman said in
emailed comments, adding that "there is certainly no current
intention to do so“.
Chesnara, which focuses on insurance business closed to new
policyholders, has previously said it could move to Amsterdam if
Its headquarters are currently in Preston, northwest
(Reporting by Noor Zainab Hussain; writing by Carolyn Cohn)