LONDON, April 26 A base in mainland Europe will
help insurer Lloyd's of London increase its market share on the
continent in the medium term, its chairman John Nelson said on
Lloyd's of London has announced it is opening a subsidiary
in Brussels so as to continue serving European Union customers
after Britain leaves the bloc.
"In terms of the EU - partly for industry structural
reasons, it has not been a hugely large market for Lloyd's - it
may actually improve. We have put down facilities onshore,"
Nelson told a conference.
Adrian Montague, chairman of insurer Aviva, said his
company was "Brexit ready".
"We don't have to do major structural surgery," Montague
(Reporting by Huw Jones)