Ireland vs Luxembourg

The offshore life assurance market has traditionally been dominated by three financial centres. While the Isle of Man has been the major player, Luxembourg, and latterly Dublin, have developed as centres for European cross-border life assurance business. The two centres both offer attractions to investors. However, for UK investors the advantages of Ireland largely outweigh those of Luxembourg, which is reflected in the fact that Dublin is home to three major life insurers selling back into the UK - Prudential, Norwich Union International and Scottish Equitable International. Luxembour...