View more on these topics

L&G ponders move outside EU

Legal and General is considering moving its corporate operations outside Europe to avoid Solvency II, according to press reports.

The Sunday Telegraph says the life company is “exploring” the option of  moving its HQ outside Europe to avoid the Solvency II framework, which sets out requirements on capital adequacy and risk management for insurers.

If L&G relocates it will be following in the footsteps of insurers Brit and Hiscox, firms who changed domicile to Holland and Bermuda.

L&G declined to comment on the reports.

Recommended

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. Isn’t Holland in Europe….?

Leave a comment