The June referendum in favour of the United Kingdom leaving the European Union is creating volatility and uncertainty for some Canadian risk managers, some experts say. This may be especially true for organizations looking to expand into Europe or whose directors and officers could face liability risk arising from a drop in share price.
The London insurance market is resilient and well-positioned to respond to the United Kingdom’s decision to leave the European Union (EU), the International Underwriting Association of London (IUA) said on Friday. In a referendum held on Thursday, about 52% voted…