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7th December 2017, 17:33

Brit Insurance to leave the Rock

Gibraltar based reinsurer, Brit Insurance, is relocating to Bermuda. The process is expected to be completed by the end of the year, with the company rebranding themselves Brit Reinsurance (Bermuda). Brit’s Chief Financial Officer, Mark Allan, says Bermuda’s mature regulatory environment and access to experienced people makes it the “right home” to support the Group’s long-term strategy.