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European insurance associations urge UK to stay in EU

Published 20/06/2016

Insurance company associations from across Europe have written an open letter urging Britain to vote to stay in the EU in the referendum
Insurance company associations from across Europe have written an open letter urging Britain to vote to stay in the EU in the referendum

Insurance company associations from across Europe have written an open letter urging Britain to vote to stay in the EU in the referendum.

The letter, signed by 21 associations, says it is in the "best interests" of all of Europe for Britain to stay in the union.

It states: "While the referendum is clearly a matter for the British public to decide, there will be implications for all EU markets.

"We believe it is in everyone's interest - the UK and the EU - for the UK to remain.

"And we will be watching and hoping that the result means that constructive relationship will continue with the UK playing a full role as a full EU member."

It adds: "The UK is an active and positive partner which also has a firm and critical eye and is willing to challenge as required.

"This brings results for the UK, and is healthy for the whole of the EU. No-one can doubt its contribution has been positive for all."

Insurance associations from Germany, Belgium and France are among those who have signed the letter.

The Association of British Insurers said it supports the letter, but is not an official signatory of it.

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