Lloyd opts against Dublin as it seeks new European base

Lloyd opts against Dublin as it seeks new European base
- Dublin looks set to lose out to either Luxembourg or Brussels in the race to become the location for Lloyd’s of London’s new European hub, with the insurance group expected to plump for either Luxembourg or Brussels when it announces its decision later this week.

According to Reuters, the world’s largest speciality insurance market has ruled out Dublin for its new European subsidiary, another disappointing outcome to Ireland’s efforts to capture and attract new business in the wake of the UK’s departure from the European Union.