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Will Brexit affect the insurance industry? An Irish study

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  • Richard Brophy

Abstract

Brexit has thrown up a lot of uncertainties for many industries and sectors. Within financial services and more specifically insurance, many UK-based insurers are considering their options post-Brexit. This viewpoint reviews the positions taken along with examining the effect of Brexit on the UK’s nearest neighbour and where it shares a land border, the Republic of Ireland. Using data from regulators and industry bodies, this review looks at the effect of Brexit upon the UK insurance sector operating in the EU and also reviews the effect of Brexit on the Irish insurance industry.

Suggested Citation

  • Richard Brophy, 2017. "Will Brexit affect the insurance industry? An Irish study," Local Economy, London South Bank University, vol. 32(3), pages 156-163, May.
  • Handle: RePEc:sae:loceco:v:32:y:2017:i:3:p:156-163
    DOI: 10.1177/0269094217706307
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    References listed on IDEAS

    as
    1. Richard Brophy, 2013. "Bancassurance: an insurance concept from a Irish perspective," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 21(4), pages 319-333, November.
    2. Nauro F. Campos & Fabrizio Coricelli, 2017. "The Economics of UK-EU Relations. From the Treaty of Rome to the Vote for Brexit," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02923009, HAL.
    3. Ricardo A. Halperin, 2017. "The Influence of Uncertainty in a Changing Financial Environment," Springer Books, Springer, number 978-3-319-48778-6, February.
    4. Richard Brophy, 2012. "Development of insurance regulation in Ireland," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 20(3), pages 248-263, July.
    5. Oliver Westall, 1997. "Invisible, Visible and 'Direct' Hands: An Institutional Interpretation of Organisational Structure and Change in British General Insurance," Business History, Taylor & Francis Journals, vol. 39(4), pages 44-66.
    6. Fenn, Paul & Vencappa, Dev & Diacon, Stephen & Klumpes, Paul & O'Brien, Chris, 2008. "Market structure and the efficiency of European insurance companies: A stochastic frontier analysis," Journal of Banking & Finance, Elsevier, vol. 32(1), pages 86-100, January.
    7. Richard Brophy, 2014. "Financial services education," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 22(2), pages 78-95, May.
    Full references (including those not matched with items on IDEAS)

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