Lloyd's will set up its new European subsidiary in Brussels

Between Brussels and Luxembourg, Lloyd's has finally chosen the Belgian capital to establish its new European subsidiary.

The London syndiacte has justified its choice by the favorable regulatory framework in Brussels and its location in the heart of continental Europe.
Dublin, Frankfurt, Valletta, and Paris were also among the destinations mentioned in the relocation program.

At December 31, 2016, Lloyd's posted a pre-tax profit of 2.1 billion GBP (2.6 billion USD), a figure remained unchanged compared to 2015.

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