Life Insurance and Brexit
Royal London is a Life Insurance Company that will be impacted by Brexit.
Royal London are moving their Irish and German life insurance business to a new company in Ireland so that they have a Company registered and regulated in the EU.
It is intended that the new Company will manage existing business and transact new business and be regulated by The Central Bank of Ireland.
Currently the Company is authorised by the Prudential Regulation Authority in the UK and is regulated by the Central Bank of Ireland for conduct of business Rules in respect of its Irish activities
Further details are available on the Royal London Irish website.