Royal London opens Irish subsidiary amid Brexit concerns

The group said the move would enable it to continue to compete for new life insurance business in Ireland and to administer existing Irish and German policies that were bought by customers who lived outside the UK and who may impacted by Brexit. Royal London said customers in Ireland would benefit from "substantially strengthened governance" as well as full regulatory oversight by the Central Bank of Ireland. As well as retaining all previous employees, the group said 20 new jobs had also been created in Dublin. When plans for the subsidiary were first revealed in 2017, a Royal London...