Nicolas Mackel, CEO of Luxembourg for Finance, spoke with Sky News “Ian King Live” in London about the UK Brexit strategy and why Luxembourg is winning Brexit business.
Luxembourg is emerging as an important destination for financial institutions post-Brexit. Companies including MG, AIG, Hiscox, Northern Trust, Liberty Mutual, FM Global, CAN Hardy and RAS have made Luxembourg their new EU-hub. Speaking to "Ian King Live" on the Luxembourg sales pitch, Mackel points out that “most of the financial firms who are moving their EU base to Luxembourg already have operations in Luxembourg and are looking at how they can use that activity for certain activities to help them in this situation.”
Mackel was asked why the leading global insurers,...
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